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You need $87,342 in 7 years. Required: If you can earn 0.55 percent per month, how much will you have to deposit today? (Do not

You need $87,342 in 7 years.

Required: If you can earn 0.55 percent per month, how much will you have to deposit today? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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