assume $$that $$you $$currently $$have $$

$54089$

$$in $$the $$bank$.$that $$you $$are $$going $$to $$receieve $$$

$435$

$$yearly $$until $$the $$day $$of $$your $$retirement $$

$(22$

$$years $$from $$now

$)$

$.$

$$what $$is $$the $$present $$value $$of $$all $$these $$cash $$flows $$if $$the $$interest $$rate $$is $$

$6\mathrm{.}40$

$\%$

$.$