April plans to make an investment today which promises to return to her $7,000 each year for five (5) years beginning one year from today. The investment account will earn 7% compounded annually. At the end of five years, the investment account balance will be zero. Question: Rounding to the nearest whole dollar, what should be the amount of April's original investment?

April plans to make an investment today which promises to return to her $7,000 each year for five (5) years beginning one year from today. The investment account will earn 7% compounded annually. At the end of five years, the investment account balance will be zero. Question: Rounding to the nearest whole dollar, what should be the amount of April's original investment? Note: You may use the factor tables located in the appendix of your textbook or use the factor table links located at the bottom of this question. The factor table you select should open up in a new window on your computer. Answer: $ Remember to round to the nearest whole dollar. Do not use commas or decimals in your response.) Factor Tables: Future Value of a Lump Sum Present Value of a Lump Sum Future Value of an Annuity Present Value of an Annuity