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QUESTION 9 A rich donor gives a hospital $15000 one year from today. Each year after that, the hospital will receive a payment 2.5% larger

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QUESTION 9 "A rich donor gives a hospital $15000 one year from today. Each year after that, the hospital will receive a payment 2.5% larger than the previous payment with the last payment occurring in 5 years' time. What is the present value (PV) of this donation given that the interest rate is 7%? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an

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