You are considering using Bill Pay to pay your rent, which is $1,500 a month due at the beginning of

You are considering using Bill Pay to pay your rent, which is $1,500 a month due at the beginning of each month starting today. You are going to put a lump sum of money in a savings account today that will cover your rent for a year. If you earn an APR of 2.4% on the account, how much do you have to deposit into the account