Question $6(1$ point$)$

Dora who had been working for Fortis $BC$ has retired today. Current economic value of her pension is his significant asset. Dora will be receiving pension payments of $$84000$ every year. Based on a $22-$year life expectancy and money worth $8\%$ compounded annually and money depreciating at $2\%$ annually, calculate the current economic value of Dora's pension.