Question: Suppose you will need $ 3 0 , 0 0 0 in 2 2 years. If your bank compounds interest at an annual rate of

Suppose you will need $30,000 in 22 years. If your bank compounds interest at an annual rate of 13%, how much will you need to deposit into your account 3year(s) from now to reach your goal? Enter your answer rounded to two decimal places.

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