Project A has an NPV of 200000. The project is financed by borrowing at 7%pa. The cost of capital for Project A is 0.08. This rate is expressed as a decimal, e.g. so that .12 is equal to 12%. The project has 6 year life. Calculate the Annual Equivalent (AE). Your textbook calls this EAV, Equivalent Annual Value. Calculate to the nearest dollar.