Problem 2-10 Calculating Present Value of a Savings Fund (L05) Hal wants to establish a savings fund from which a community organization could draw 51.410 a year for 30 years. If the account earns 5 percent what amount does he have to deposit now to achieve this goal? Use Appendix 18 4 (Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "S" sign in your response.) Amount to be deposited