Find the present value of an annuity necessary to fund withdrawals of $1000 per quarter for 13 years if the annuity earns 4.8% compounded quarterly. Round your answer to two decimal places if rounding is necessary.

Marco has $38.43 dollars in his checking account. his checking account is linked to his amazon music account so he can buy music. the songs he purchases cost $1.29. part 1: write an expression to describe the amount of money in his checking account in relationship to the number of songs he purchases. part 2: describe what the variable represents in this situation.