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You will be paid $545 in year 8 . How much would that amount be worth in terms of dollars in year 3 ? The

image text in transcribed You will be paid $545 in year 8 . How much would that amount be worth in terms of dollars in year 3 ? The interest rate is 5%, and compounding is annual. Enter your answer in terms of dollars, rounded to the nearest cent, and without the dollar sign ('\$'). So, for example, if your answer is $546.3456, then enter 546.35

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