Question: Question 7 View Policies Current Attempt in Progress Mary Smith has been offered a future payment of $760 two years from now. If she can

 Question 7 View Policies Current Attempt in Progress Mary Smith has

Question 7 View Policies Current Attempt in Progress Mary Smith has been offered a future payment of $760 two years from now. If she can earn an annual rate of 5.00 percent, compounded daily, on her investment, what should she pay for this investment today? (If you solve this problem with algebra round intermediate calculations to 5 decimal places, in all cases round your final answer to the nearest penny.) Amount to be invested today $

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