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An investor wants to save money to purchase real estate. He buys an annuity with quarterly payments that earn 5.9% interest, compounded quarterly. Payments

An investor wants to save money to purchase real estate. He buys an annuity with quarterly payments that earn 5.9% interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 17 years if each quarterly payment is $187. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas. $ 0

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