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Rosa Burnett needs $8,000 in three years to make the down payment on a new car. How much must she invest today if she receives

Rosa Burnett needs $8,000 in three years to make the down payment on a new car. How much must she invest today if she receives 2.5 % interest annually, compounded annually ? the present value of $1.00 table.

She must invest $ (Round to the nearest cent as needed.)

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