You wrote a piece of software that does a better job of allowing

computers to network than any other program designed for this

purpose. A large networking company wants to incorporate your

software into its systems and is offering to pay you

$$486,000$today$,$ plus $$486,000$at the end of each of the

following six years, for permission to do this. If the appropriate

interest rate is$6$percent$,$ what is the present value of

the cash flow stream that the company is offering

you?$($Round factor values to $4$ decimal places,

e$.$g$.1\mathrm{.}5215$ and final answer to $2$ decimal places, e$.$g$.$

$15\mathrm{.}25.)$