Problem 4.15 Assume that your superannuation fund promises you $43 000 per year starting when you retire 45 years from today (the first $43 000 will come 45 years from now). If your discount rate is 10%, compounded annually, and you plan to live for 16 years after retiring (so that you will get a total of 17 payments including the first one), what is the value today of the superannuation funds's promise? The value today of your superannuation fund's promise is $ 5 205.34. (Round to the nearest cent.)