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You want to establish a savings fund from which a community organization could draw $1,610 a year for 50 years. If the account earns 5

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You want to establish a savings fund from which a community organization could draw $1,610 a year for 50 years. If the account earns 5 percent, what amount would you have to deposit now to achieve this goal? (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C. Exhibit 1-0) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places

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