$($Present value of an annuity$)$ Determine the present value of an ordinary annuity of $$3,500$ per year for $17$ years, assuming it earns $12$ percent. Assume that the first cash flow from the annuity comes at the end of year $10$ and the final payment at the end of year $26.$ That is$,$ no payments are made on the annuity at the end of years $1$ through $9.$ Instead, annual payments are made at the end of years $10$ through $26.$