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What is the present value of 6 annual payments of $ 3 , 7 6 0 each with the first payment being received immediately? Assume

What is the present value of 6 annual payments of $3,760 each with the first payment being received immediately? Assume you can invest money at a 7.75% p.a., but with semiannual compounding.
Record your answer as a dollar amount rounded to 2 decimal places, but do not include a dollar sign or any commas in your answer. For example, enter $12,327.24987 as 12327.25.
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