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How much would you need to deposit now in a savings account that earns 7% interest, compounded annually, in order to withdraw $5,900 at the

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How much would you need to deposit now in a savings account that earns 7% interest, compounded annually, in order to withdraw $5,900 at the end of every year for ten years? (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1. (Use appropriate factor from the PV tables. Round your final answer to the nearest dollar amount.) Multiple Choice $41439 $50,450 $50,330 559.000

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