Use Table 122 to calculate the present value (in \$) of the ordinary annuity. (Round your answer to the nearest cent.) \begin{tabular}{|c|c|c|c|c|c|} \hline \begin{tabular}{c} Annuity \\ Payment \end{tabular} & \begin{tabular}{c} Payment \\ Frequency \end{tabular} & \begin{tabular}{c} Time \\ Period (years) \end{tabular} & \begin{tabular}{c} Nominal \\ Rate (\%) \end{tabular} & \begin{tabular}{c} Interest \\ Compounded \end{tabular} & \begin{tabular}{c} Present Value \\ of the Annuity \end{tabular} \\ \hline$4,000 & every year & 20 & 5 & annually & $ \\ \hline \end{tabular}