For her daughter's education, Georgina Harcourt has invested an inheritance in a fund paying 4.2% compounded semi-annually. If ordinary annuity payments of $175 per month are to be made out of the fund for nine years, how much was the inheritance?

The inheritance was (Round the final answer to the nearest cent as needed.

Round all intermediate values to six decimal places as needed.)

Please answer with steps involved for calculation

For her daughter's education, Georgina Harcourt has invested an inheritance in a fund paying 4.2% compounded semi-annually. If ordinary annuity payments of $175 per month are to be made out of the fund for nine years, how much was the inheritance? The inheritance was (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)