5. Problem 5.31 (Required Lump Sum Payment) A. eBook Starting next year, you will need $30,000 annually for years to complete your education. (One year from today you will withdraw the first $30,000.) Your unde deposits an amount today in a bank paying 5% annual interest, which will provide the needed 530,000 payments How large must the deposit be? Do not round intermediate calculations. Round your answer to the nearest cent. 5 t. How much will be in the account immediately after you make the first withdrawal? Do not round intermediate calculation, Round your answer to the nearest cent. 5 Grade it Now Save & Continue Continue without saving