TranscribedText: 12. Mrs. Shaw is considered to be in very good health, and according to the Manitoba female life expectancy chart, a 63-year old woman has a remaining life expectancy of 22.9 years (rounded to 23 years). Since there is a considerable amount of risk inherent in the investment as her death could easily occur prior to the 23-year life expectancy, a 12% capitalization rate will be used. Given this information, what is the value of the life interest, rounded to the nearest $100?