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You want to have $ 3 1 , 0 0 0 in your savings account nine years from now, and you re prepared to make

You want to have $31,000 in your savings account nine years from now, and youre prepared to make equal annual deposits into the account at the end of each year.
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If the account pays 6.25 percent interest, what amount must you deposit each year? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)

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