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Please and Thank you! The answer above is NOT correct. (2 points) Jaco wants to buy a new bass guitar which costs $2,490.99 plus tax,

Please and Thank you!
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The answer above is NOT correct. (2 points) Jaco wants to buy a new bass guitar which costs $2,490.99 plus tax, it his state's sale tax is 7.865% and he saves for 12 months, how much should be deposit into a bank account earning an annust interest rate of 4.363% compounded continuously it he wants to meet his goal? Jaco needs to deposit $2581.95 (Note: Your answer should have a dollar sign and be accurate to two decimal places)

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