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You have been offered a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra $

You have been offered a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra $71,000 every 7 years, starting 7 years from now. What is the present value of this incentive if you plan to work for the company for 42 years and the interest rate is 7%(EAR)?(Note. Be careful not to round any intermediate steps less than six decimal places.)
The present value of this incentive is $,(Round to the nearest cent)
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