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Del Monty will receive the following payments at the end of the next three years: $23,000, $26.000, and $28.000. Then from the end of the

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Del Monty will receive the following payments at the end of the next three years: $23,000, $26.000, and $28.000. Then from the end of the 4th year through the end of the 10th year, he will receive an annulty of $29,000 per year, At a discount rate of 16 percent, what is the present value of all three future benefits? Use Appendix Band Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value of all futuro benefits

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