It will expand. Or it will grow.
Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :

As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,

Hence he need to invest $107,836.69 .
Because they show exactly how much of something is there/needed.