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Answer is on the right please show me how to solve this problem using the formula. Please show step by step do not use excel

Answer is on the right please show me how to solve this problem using the formula. Please show step by step do not use excel !!

Zane will pay you $700 every year for 25 years 16 beginning next year, but the payment will grow at 4% per year and discount rate is 6%. What is the PV of these cash flows

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