Tom has always dreamed of opening a caf by the seaside. He decides he will save to help open the caf by depositing money in an ordinary annuity that earns 4.2% interest, compounded annually. Deposits will be made at the end of each year.How much money will he need to deposit into the annuity each year for the annuity to have a total value of $24,000 after 8 years?