What is the present value of 12 consecutive annual payments of $1500 made at the end of each year and beginning in one year if the interest rate is 4.15%? Please Explain, thanks guys.

You may attempt this question 3 more times for credit. What is the present value of 12 consecutive annual payments of $1500 made at the end of each year and beginning in one year if the interest rate is 4.15%? You should set your calculator for at least four decimal places of accuracy. Ill remind you of this from time to time but this is a working rule throughout the semester Place your answer in dollars and cents. Do not include a dollar sign or comma in your answer. This is another rule that I'll remind you of but should be a working rule throughout the semester. CHECK