Present Value.$$Cheryl wants to have

$$$$2$ comma $0002,000$

in spending money to take on a trip to Disney World in three years. How much must she deposit now in a savings account that pays

$33\%$

per year to have the money she needs in three$$ years?

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Part $1$

To have

$$$$2$ comma $0002,000$

in three$$ years, Cheryl would need to deposit

$$$