URGENT QUESTION!

Emerson developed a new style of camping trailer. He is considering a licensing agreement with Easy-Tow, who will manufacture the new trailer. They are proposing to pay him $36,000 now, an $18,000 at the beginning of each of the ten years of the licensing agreement, starting in two years. If interest is 7.9% compounded semi-annually, what is the agreement worth today?

Emerson developed a new style of camping trailer. He is considering a licensing agreement with Easy-Tow, who will manufacture the new traler. They are proposing to poy him 336 , 000 now, and $18.000 at the beginning of each of the ton years of the licensing agreement, stanling in two years, if intecest is 7.9% compounded sem-annually, what is the agreement worth today? The agrement is worth s today (Round the Fhal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)