You have your choice of two investment accounts. Investment A is a $10-$year annuity that features end$-$of$-$month $$2,480$ payments and

has an APR of $7$ percent compounded monthly. Investment B is an annually compounded lump$-$sum investment with an APR of $9$

percent, also good for $10$ years. How much money would you need to invest in B today for it to be worth as much as Investment A $10$

years from now?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$