Today is a great day for Julia, she is starting her first job after college and besides doing what she loves, the financial rewards are quite nice. Therefore, Julia has decided to save enough money over the next 31 years so that she can retire and enjoy the dolce fare niente. The plan is to save an equal amount of money every year and deposit it at the end of each year in a savings account that yields 9.57% per year. Julia estimates that she needs $3 million dollars to live comfortably upon retirement. Find the value of the annuity that she has to deposit at the end of each year in order to achieve her goal. (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas)

only use the interest compounding method (not the simple method).