Find the present value of an ordinary annuity that makes equal monthly payments with its

first $$1,106$ payment one month from today and makes its last $$1,106$ payment $14$ years

from today. The interest rate is currently $6\mathrm{.}9\%.$

Answer Format:

INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include $"$$$"","$ or

any other formatting. Carry interim computations to at least $4$ decimals.

Enter numerical answers as a positive number rounded to $2$ decimal places $($###$.$##$)$