You just recieved some graduation money and want to invest some for your future wedding.

You just recieved some graduation money and want to invest some for your future wedding. You anticipate the wedding will cost $20,000 and want to calculate how much you hould deposit now to make sure you have enough when you get married in 5 years. If the money earns an APR of 3.2% compounding quarterly how much should be deposited now? Round the solution to the nearest cent.

How much is earned in interest? Round your answer to the nearest cent.