Indah Asri is 63 years old and wants to invest in an investment savings

account that enables her to withdraw a cash flow stream that would be

forever. She would like to withdraw $26,000 every year, beginning at the end

of this year. If she could invest in account earning 5.68 per cent, how much

would she have to invest today to receive her perpetual cash flow?

Round your answer to 2 decimal places. E.g. if the final value is $12345.8342,

please type 12345.83 in the answer box (do not type the dollar sign).