Question: I have a correct answer, but I need to know how to solve it. Please help me how to calculate with out using table please.

I have a correct answer, but I need to know how to solve it. Please help me how to calculate with out using table please. Thank you so much.

What would you pay for an investment that pays you $40000 at the beginning of each year for the next ten years? Assume that the relevant interest rate for this type of investment is 7%.

Correct answer: $300609

Please teach me steps.

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