How much should be deposited in an account paying 3.5% interest, compounded monthly, in order to have a balance of $ 9,000after 20years and 6months? Enter the answer in dollars and cents, and round to the nearest cent, if needed.

Aci is desired for the true average stray-load loss μ (watts) for a certain type of induction motor when the line current is held at 10 amps for a speed of 1500 rpm. assume that stray-load loss is normally distributed with σ = 2.3. (round your answers to two decimal places.)