Question: Time left 0 : 5 7 : 5 9 You make a deposit into your bank account today. The amount is sufficient for you to

Time left 0:57:59
You make a deposit into your bank account today. The amount is sufficient for you to make 20 quarter-end withdrawals of 4,000 starting in 3 months. How much should you deposit today if you earn an interest rate of 7.4% p.a. compounded monthly? (Correct your answer to the nearest cent without any unit (no need to put $).Do not use "," in your answer. e.g.20233.12)
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Time left 0:57:59 You make a deposit into your bank account

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