Question $17$

$1$ pts

While in college, you want to save from your part time job and summer work to be able to cover living expenses for a year abroad. If you'd like to withdraw $247$ at the start of each month for your year of travel and you're able to earn an $3\%$ return on your investments, how much do you need to have saved when you start college?

Enter the magnitude of your answer to two decimal places $($ex $123\mathrm{.}45)$