Value of a retirement annuityPersonal Finance ProblemAn insurance agent is trying to sell you an immediate-retirement annuity, which for a single amount paid today will provide you with $5,200 at the end of each year for the next 25 years. You currently earn 5% on low-risk investments comparable to the retirement annuity. Ignoring taxes, what is the most you would pay for this annuity?

Ignoring taxes, the most you would pay for this annuity is $. (Round to the nearest cent.)