You have invested in a commercial building that you are leasing to a national retail chain. The tenant has signed a $10-$year lease agreement that cannot be canceled. You expect to collect $$6,500$ per month for the full term of the lease. Payments occur at the end of each month. What is the present value of this investment if the interest rate is $18\%$ and compounded monthly? $($Use the PV function in Exc. $1^{ox}$ to calculate the answer. Do not round any intermediate calculations. Round your final present value answer to the nearest whole dollar.$)$

The present value of this investment is