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Carla Vista Productions borrowed some money from the California Finance Company at a rate of 1 4 . 4 0 percent for a seven -

Carla Vista Productions borrowed some money from the California Finance Company at a rate of 14.40 percent for a seven-year
period. The loan calls for a payment of $1,290,000.00 each year beginning today. How much did Carla Vista borrow? (Round factor
values to 4 decimal places, e.g.1.5214 and final answer to nearest whole dollar, e.g.5,275.)
Carla Vista borrowed
$
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