Del Monty will receive the following payments at the end of the next three years: $12,000, $15,000, and $17,000. Then from the end of the 4th year through the end of the 10th year, he will receive an annuity of $18,000 per year.

At a discount rate of 10 percent, what is the present value of all three future benefits? Calculate your final answer using the formula and financial calculator methods. (round answer to 2 decimals

PV of all of all future benefits?