I just borrowed $150 from the bank. My interest rate is 3.75% and cost of capital (appropriate discount rate) is 4.5%. We have agreed that I will pay $5 of interst each year, and pay all remaining interest and principal at the end of the fifteen (15) years.

What is the present value (to me) of all future cashflows associated with this loan (i.e., do not include the $150 I already borrowed)?

NOTE: The loan compounds annually. Write answer to the nearest cent.