River Babylon, an archaeology professor, invests $$90,000$ in a parcel of land that is expected to increase in value by $15$ percent per year for the next five years. He will take the proceeds and provide himself with a $20-$year annuity.

$5$

points Assuming a $13$ percent interest rate, how much the payments will be for the annulty? $($Use a Financial calculator to arrive at the answer. Do not round intermediate calculations. Round your final answer to $2$ decimal places.$)$

Annuity value

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