Question: You will be paid ( $ 8 5 5 ) in year 9 . How much would that amount be worth in

You will be paid \(\$ 855\) in year 9. How much would that amount be worth in terms of dollars in year 3? The interest rate is \(7\%\), and compounding is annual.
Enter your answer in terms of dollars, rounded to the nearest cent, and without the dollar sign ('\$'). So, for example, if your answer is \(\$ 546.3456\), then enter 546.35
You will be paid \ ( \ $ 8 5 5 \ ) in year 9 .

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