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Dynamo Corp. is expecting annual payments of 34,109 for the next seven years from a customer. What is the present value of this annuity if

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Dynamo Corp. is expecting annual payments of 34,109 for the next seven years from a customer. What is the present value of this annuity if the discount rate is 0.082 percent? You will receive a cash flow from a business of 11,022 today growing at 2 percent per year indefinitely. Assume that you can earn 5 percent on your money. How much should you pay for this business? Round your answer to 2 decimal places

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