What is the present value today of an ordinary annuity cash flow of $3,000 per year for

Question:

What is the present value today of an ordinary cash flow of $3,000 per year for forty years at an interest rate of 10.0% per year if the first cash flow is six years from today?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...