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You want to have $11,300 in your savings account 7 years from now as downpayment for house purchase. How much do you have to deposit

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You want to have $11,300 in your savings account 7 years from now as downpayment for house purchase. How much do you have to deposit today to reach this goal if you can earn 4 percent on your savings? Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places: for example, 10,000.23 Do NOT use "\$" in your

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