What is the present value of a 7-year annuity of $3,500 with the first payment to be received 5 years from now; i = 6%. (Round answer to O decimal places, e.g. 5,275.) Present value LA $

What is the present value of a 7 -year annuity of $3,500 with the first payment to be received 5 years from now; i=6%, (Round answer to 0 decimal places, es. 5,275.)