(Present value of an annuity) Determine the present value of an ordinary annuity of $4,500 per year for 13 years, assuming it earns 16 percent. Assume that the first cash flow from the annuity comes at the end of year 6 and the final payment at the end of year 18. That is, no payments are made on the annuity at the end of years 1 through 5. Instead, annual payments are made at the end of years 6 through 18. The present value of the annuity at the end of year 5 is $ 24040.50. (Round to the nearest cent.) The present value of the annuity today is $ (Round to the nearest cent.)