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Suppose you want to save up $1,845 in 3 years for your graduation, if a bank promises to give you 7% APR on your deposit,

Suppose you want to save up $1,845 in 3 years for your graduation, if a bank promises to give you 7% APR on your deposit, how much would you have to deposit today to achieve your goal in 3 years? (Round your answer to two decimal point)

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