A building owner is evaluating the following alternatives for leasing space in an office building for the next five years: Gross lease. Rent will be $$25/$square foot each year with the lessor responsible for payment of all operating expense. Expenses are estimated to be $$10$ during the first year and increase by $$0\mathrm{.}50$ per year thereafter. If discount rate is $10\%,$ what is the effective rent? $($compute your answer using $4$ decimals and round your final answer to $2$ decimals$)$