For this question, and the next two (three in all), Frozenentyme, Fierce, Penner & Smythe, the big brokerage firm, has offered to sell you an investment that will pay you $2,000 each year for the next 25 years. The first payment will be one year after you buy the investment. If you need a 7% return, How Much should you be willing to pay for this investment today?