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When Marizm Monroe ded. ex-hunbard Joe DMaguio vowed to place tresh flowers on her gtave every 5 undey as lorig as he lived, The week

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When Marizm Monroe ded. ex-hunbard Joe DMaguio vowed to place tresh flowers on her gtave every 5 undey as lorig as he lived, The week after she died in 1962, a bunch of frest flowers thet the former besebel player thought approcriate for the star cost aboct \$5. Based on estuariel tebies. "Joiti' Joe" could expect to the for 30 years after the actress ded. Assume that the EAR is 9.5 percent. Also. assume that the price of the thowers wil increase it 3.9 percers per yeor, when expressed os on EAa, hssume thet each year has exactly 52 weeks. and Joe began purchasing fowers the week afler Marlyn ded. What is the present velue of this commitment? (Do not round intermediete calculations and round your answer to 2 decimal places. e.9. 32.16.)

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