Question: Can you please explain how you get to this answer and show the steps? Thanks! compounded annually, what would you expect someone to pay for

Can you please explain how you get to this answer and

Can you please explain how you get to this answer and show the steps? Thanks!

compounded annually, what would you expect someone to pay for this investment today? Keep at least 3 decimal places for all intermediate steps. Express your final answer with 2 decimal places (ie. 55555.55 and NO COMMAS) Amount invested: $18766.88 Answer Key:18847.25

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