Annuity Due

Mr. Mohammed Ali has received a job offer from a large investment bank as an accountant. His base salary will be $35,000 constant to date of retirement. He will receive his first annual Salary payment on the day he begins to work. In addition he will get an immediate $10,000 bonus for joining the company. Mr. Ali is expected to work for 25years. What is the present value of the offer if the discount rate is 12 percent?