Question: Homework: HW 12 - Section 2.5 Question 8, 2.5.55-BE HW Score: 37.5 O Points: 0 of Finance. A person wishes to have $27,400 cash for

Homework: HW 12 - Section 2.5 Question 8, 2.5.55-BE HW Score: 37.5 O Points: 0 of Finance. A person wishes to have $27,400 cash for a new car 4 years from now. How much should be placed in an account now, if the account pays 5.5% annual interest rate, compounded weekly? $(Round to the nearest dollar.)

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