You know you need $2,818.55 in 5 years to pay for housing when you go...

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Accounting

You know you need $2,818.55 in 5 years to pay for housing when you go to graduate school. How much is should you invest today if you can earn 6% annual interest from the bank? Round your final answer to 2 decimal places. Input your answer as $xxxx.xx with no commas.

Answer= 2106.19

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