Your friend offers to you to be a part of his partnership

business. If you agree to this, you will receive $$6,000$ at the

beginning of each year, for the next $8$ years. Your friend's

partnership generates a $9\%$ annual return. If instead you

wait $8$ years with receiving the money, and receive an

equivalent amount of money at the end of year $8$ in one large payment,

how much would it need to be$?$

In the problem above I am working witl

In the problem above I need to calculate the

In the format $$$,$$$$$,$ in the problem above my numerical answer is $

$[$Select$]$

dollars. Increase decimal places for any

intermediate calculations, from the default $2$ to$,$ for example, $6$ or even

higher. The more the better! Only round your final answer.