$($Present value of an ordinary$$ annuity$)$What is the present value of $$$$2,500$ per year for $10$ years discounted back to the present at $$percent$?$

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Part $1$

The present value of $$$$2,500$ per year for $10$ years discounted back to the present at $7$ percent is $$$

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enter your response here. $($Round to the nearest$$ cent.$)$