You have your choice of two investment accounts. Investment A is a 12-year annuity that features end-of-month $1,900 payments and has an interest rate of 8.3 percent compounded monthly. Investment B is a7.8 percent continuously compounded lump sum investment, also good for 12 years.

How much money would you need to invest in B today for it to be worth as much as Investment A 12 years from now?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)