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What is the present value of the following stream of cash flows assuming an interest rate of 8.25%? (Hint: This question requires Excel.) Next year

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What is the present value of the following stream of cash flows assuming an interest rate of 8.25%? (Hint: This question requires Excel.) Next year you will receive $200. The following year you will receive an amount that is 5.75% larger (than $200). The cash flows will continue to grow, year-by-year, at 5.75%. The last cash flow will be paid at year 20 (20 years from today--20 cash flows in total.) Round your answer to the nearest dollar

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