What would you pay for an annuity paying $3,000 per year for 12 years if the interest

Question:

What would you pay for an paying $3,000 per year for 12 years if the interest rate is 10%?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...