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You have an engineer on contract and working in Coyabo, where inflation is high - roughly 11% per year. She wants to do an album

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You have an engineer on contract and working in Coyabo, where inflation is high - roughly 11% per year. She wants to do an album of nothing but remixes of the song Pharaohs, as people in Coyabo love it. The productions costs will occur now and are $35K. Promotions and distribution will be $7K per year for 5 years, starting in year 1 but will increase by 12% per year thereafter (starting in year 6) for the next 8 years. Use a real interest rate of 15% per year and the entire 13 year timeframe, what is the PW of these costs

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