You are going to withdraw $2991 at the end of each year for the next 21 years from an account that pays interest at a rate of 13% compounded annually. How much must there be in the account in order for the account to reduce to a balance of $5539 after the last withdrawal? ( Note: retain at least 4 places of a decimal in your calculation)

Select one:

$21,721.42

$21,666.12

$62,611.00

$255,283.88

$21,240.74