Question: Show Attempt History Current Attempt in Progress X Your answer is incorrect. Sandra Robinson has been offered a future payment of $770 two years from

Show Attempt History Current Attempt in Progress X Your answer is

Show Attempt History Current Attempt in Progress X Your answer is incorrect. Sandra Robinson has been offered a future payment of $770 two years from now. If she can earn an annual rate of 5.50 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 $89.79 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Answer IL

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