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The local home improvement store has a washing machine on sale for $737; with payment due in 3 year(s) from today. The store is willing
The local home improvement store has a washing machine on sale for $737; with payment due in 3 year(s) from today. The store is willing to discount the price at annual rate of 3 percent (compounded annually) if you pay for the washing machine today. What is the amount if you pay for the washing machine today? Round to the nearest decimal places.
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