Carl Patterson likes investing in stocks that pay dividends. Carl owns $40$ shares of a local utility company. The stock pays a regular annual dividend in the amount of $$1\mathrm{.}50$ per share, and the company has indicated that the dividend will stay the same for a long time. If Carl reinvests his dividends each year and the dividends earn a return of $7$ percent each year, how much will Carl accumulate in $15$ years? Use Exhibit $1-$B$.($Round time value factor to $3$ decimal places and final answer to $2$ decimal places.$)$