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The annual Sport Club membership fees of $3250 are due on July 28, 2018. Club management offers a reduction of membership fees of 16.5% p.a.

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The annual Sport Club membership fees of $3250 are due on July 28, 2018. Club management offers a reduction of membership fees of 16.5% p.a. to members who pay the dues by May 29, 2018. How much must a member pay on May 29, 2018, if she chooses to take advantage of the club management's offer? She must pay $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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