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Question 1 1 pts You want to purchase a new boat 4 years from now. You expect the boat to cost $8,000 4 years from

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Question 1 1 pts You want to purchase a new boat 4 years from now. You expect the boat to cost $8,000 4 years from now. You can earn 7% on your savings. How much would you have to deposit today to have enough to buy the boat in 4 years? Round your answer to 2 decimals, for example 100.21

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