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7. The annual Sport Club membership fees of $3500 are due on January 31, 2018. Club management offers a reduction of membership fees of 16.1%

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7. The annual Sport Club membership fees of $3500 are due on January 31, 2018. Club management offers a reduction of membership fees of 16.1% p.a. to members who pay the dues by January 16, 2018. How much must a member pay on January 16, 2018, if she chooses to take advantage of the club management's offer? She must pay $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed.) hat single payment

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