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Use Table 12-2 to solve. Jami Minard wants to receive an annuity of $8,000 at the beginning of each year for the next 10 years.

Use Table 12-2 to solve.

Jami Minard wants to receive an annuity of $8,000 at the beginning of each year for the next 10 years. How much (in $) should be deposited now at 7% compounded annually to accomplish this goal? (Round your answer to the nearest cent.)

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Use Table 12-2 to solve. Jami Minard wants to receive an annuity of $8,000 at the beginning of each year for the next 10 years.

Use Table 12-2 to solve. Jami Minard wants to receive an annuity of $8,000 at the beginning of each year for the next 10 years. How much (in $) should be deposited now at 7% compounded annually to accomplish this goal? (Round your answer to the nearest cent.)

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Use Table 12-2 to solve.

Jami Minard wants to receive an annuity of $8,000 at the beginning of each year for the next 10 years. How much (in $) should be deposited now at 7% compounded annually to accomplish this goal? (Round your answer to the nearest cent.)