Question: Julia Monroe wants to create a fund today that will enable her to withdraw $ 2 6 , 4 0 0 per year for 8

Julia Monroe wants to create a fund today that will enable her to withdraw $26,400 per year for 8 years, with
the first withdrawal to take place 5 years from today.
Click here to view factor tables.
If the fund earns 10% interest, how much must Julia invest today? (Round factor values to 5 decimal places,
e.g.1.25124 and final answer to 0 decimal places, e.g.458,581.)
Investment amount $
Julia Monroe wants to create a fund today that will enable

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