Peter Lynchpin wants to sell you an investment contract that pays equal $$12,900$ amounts at the end of each of the next $15$ years. If you require an effective annual return of $8$ percent on this investment, how much will you pay for the contract today?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Value today