Question: Bill is evaluating Project ABC which will receive $ 2 5 , 0 0 0 at the beginning of each year for 3 0 years

Bill is evaluating Project ABC which will receive $25,000 at the beginning of each year for 30 years (see timeline below).
Note that $25,000 is received at t=0, but $25,000 is not received at t=30.
If the required rate of return is 8%, what is the present value of Project ABC?
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g.32.
Numeric Response
 Bill is evaluating Project ABC which will receive $25,000 at the

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