Question $6$

$1$ pts

A friend offers you an investment that pays $$6,488$ per

year for the next $14$ years. Assume you require an $10\%$ return and that you receive the first payment today. What is this opportunity worth to you?

Hint: If you change your calculator setting to solve this problem, don't forget to change it back before moving on$.$

$($Enter the absolute value of your response to $2$ decimal places ex: $123\mathrm{.}45$ NOT $-123\mathrm{.}45)$