Question: NEED IT ASAP THANK YOU I WILL UPVOTE! A rich aunt has promised you S4,000 one year from today. In addition, each year after that,

NEED IT ASAP THANK YOU I WILL UPVOTE!

A rich aunt has promised you S4,000 one year from today. In addition, each year after that, she has promised pu a payment (on the anniversary ofthe last payment) that is 7% larger than the last payment. She will continue to show this generosity for 30 years, giving a total of 30 payments. Ifthe interest rate is 7%, what is her promise worth today? Your rich aunts promise is worth today. (Round to the nearest cent.)

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