A company just decided to save $5500$ a month for the next eight years as a safety net for recessionary. The money will be set aside in a separate saving account which pays $4\mathrm{.}5\%$ interest compounded monthly. The first deposit will be made today. What would today's deposit amount have to be if the firm up for one lump sum deposit today that will yield the same amount of receiving as the monthly deposit after eight years