Matthew Young invests $24,670.97 now for a series of $3,800 annual returns beginning one year from now. Matthew will earn a return of 11% on the initial investment. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many annual payments of $3,800 will Matthew receive? (Hint: Use Table 4.) (Round answer to 0 decimal places, e.g. 25.)

Number of annual payments_____