Ajax corporation has hired brad o’brien as its new president. terms included the company’s agreeing to pay retirement benefits of $17,500 at the end of each semiannual period for 10 years. this will begin in 3,285 days. if the money can be invested at 8% compounded semiannually, what must the company deposit today to fulfill its obligation to brad? ( use the following provided table and table 12.3.) (use 365 days a year. do not round intermediate calculations. round your answer to the nearest cent.)