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13 pts) 14. The Federal government has imposed a $20 billion fine on American Petroleum for reckless operation of its two Gulf oil rigs. The

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13 pts) 14. The Federal government has imposed a $20 billion fine on American Petroleum for reckless operation of its two Gulf oil rigs. The money will be invested in a clean-up fund that will disburse cash once a year to Gulf Coast communities, the first payout will be made immediately, with five additional payouts coming at the ends of years 1-5. The initial disbursement will be increased each subsequent year by 2% for inflation, and the relevant discount rate is 6%. If the intention is to exhaust the fund after five years, what should be the initial disbursement? Initial disbursement = $

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