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A 15-year annuity pays $1,500 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded

A 15-year annuity pays $1,500 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the PV of the annuity? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)

Present value $

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