Question: Alexandera received proceeds from an inheritance on March 15, 2019. She wants to set aside, in a term deposit on March 16, an amount sufficient

Alexandera received proceeds from an inheritance on March 15, 2019. She wants to set aside, in a term deposit on March 16, an amount sufficient to provide a $45,000 down payment for the purchase of a home on November , 2019. If the current interest rate on 181-day to 270-day deposits is 5%, what amount should Alexandera put into the term deposit? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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