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How much money do you need today to ensure that you will have $15500 in 5 years, assuming you can earn 8% on your savings?

How much money do you need today to ensure that you will have $15500 in 5 years, assuming you can earn 8% on your savings? (Round answer to 0 decimal place, e.g. 5,650.) $9550. $9150. $8550. $10549.

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