You own an annuity due contract that will pay you $$3,000$ per year for $12$ years. You need

money to pay back a loan in $5$ years, and you are afraid if you get the annuity payments annually

you will spend the money and not be able to pay back your loan. You decide to sell your annuity

for a lump sum of cash to be paid to you five years from today. If the interest rate is $8\%,$ what is

the equivalent value of your $12-$year annuity if paid in one lump sum five years from today? Can you solve this using finance calculator $?$