You have your choice of two investment accounts. Investment A is a 9-year annuity that features end-of-month $2,580 payments and has an interest rate of 6 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an interest rate of 7 percent, also good for 9 years.

How much money would you need to invest in B today for it to be worth as much as Investment A 9 years from now?