You are offered a court settlement in the following terms: you will receive $7$ equal payments

of $$903$ each every year, with the first payment being made $3$ years from now. The current

annual interest rate is $7\%.$ Assume yearly compounding. What is this settlement worth in

present value terms?

Enter your answer in terms of dollars and cents, rounded to $2$ decimals, and without the dollar

sign. That means, for example, that if your answer is $$127\mathrm{.}5678,$ you must enter $127\mathrm{.}57$