Saul Goodman is interested in investing in an annuity today. The annuity that he is examining is a 20 -year annuity consisting of $40,000 annual payments. The annual interest rate priced into the annuity is 7.5% per yoar. This annuity will pay Saul the first payment one year from today (t=1) and tho last and final payment will be 20 years from today (t=20). Calculate the price or Present Value of this annuity investment today (t=0)