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Meg won $100,000 on a game show, but she won't receive it for five years. How much will the game show have to deposit today
Meg won $100,000 on a game show, but she won't receive it for five years. How much will the game show have to deposit today into an account paying 8% compounded monthly, in order to have Megs money in five years? Make sure to round correctly and show the answer is an amount of money.
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