Carla Monroe wants to create a fund today that will enable her to withdraw $26,200 per year for 7 years, with the first withdrawal to take place 5 years from today. Click here to view factor tables If the fund earns 8% interest, how much must Carla invest today? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

Investment amount

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