What is the present value of an investment in equipment that is expected to pfovide annual earnings of $565500$ for $15$ years and to have a resale value of $$125500$ at the end of that period? Assume a $9\%$ rate and earnings at year$-$end. The present value of $1$ at $9\%$ for $15$ periods is $0\mathrm{.}27454.$ The present value of an ordinary annuity at $9\%$ for $15$ periods is $8\mathrm{.}06069.$ The future value of $1$ at $9\%$ for $15$ periods is $3\mathrm{.}64248.$