How much would you need to deposit now in a savings account that earns 11% Interest, compounded annually, in order to withdraw $5,300 at the end of every year for ten years? (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round your final answer to the nearest dollar amount.) Multiple Choice $40104 $53,000 $31203 0 $40,224