How much money must Brock Spack have on deposit today at the Mt. Greenwood Community Bank if he wants to be able to withdraw $7,250 at the beginning…

 How much money must Brock Spack have on deposit today at the Mt. Greenwood Community Bank if he wants to be able to withdraw $7,250 at the beginning of each year forever and he can earn a 2.4% average annual rate of return on his account’s balance? 

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