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River Babylon, an archaeology professor, invests $91,000 in a parcel of land that is expected to increase in value by 10 percent per year for

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River Babylon, an archaeology professor, invests $91,000 in a parcel of land that is expected to increase in value by 10 percent per year for the next ten years. He will take the proceeds and provide himself with a 12-year annuity Assuming a 15 percent interest rate, how much the payments will be for the annuity? (Use a Financial calculator to arrive at the answer. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Annuity value $

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