You will receive $28$ annual payments of $$42,500.$ The first payment will be received $7$ years from today and the interest rate is $7\mathrm{.}1$ percent. What is the value of the payments today?

Multiple Choice

$$316,080\mathrm{.}71$

$$319,715\mathrm{.}64$

$$338,522,44$

$$349,806\mathrm{.}52$

$$544,329\mathrm{.}14$