Question: I got 145.46 and it was incorrect. please help. Suppose that the nominal rate of discount is 12% compounded quarterly in a bank account. The

I got 145.46 and it was incorrect. please help.

Suppose that the nominal rate of discount is 12% compounded quarterly in a bank account. The amount as of Jan 1, 2021 is $114. Calculate the amount as of Jan. 1, 2019, Round the answer to the nearest hundredth dollar. (E.g. Input 12.34 if the answer is $12.3389.)

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