An Investor wants to save money to purchase real estate. He buys an annuity with quarterly payments that earn 5% interest, compounded quarterly. Payments
will be made at the end of each quarter. Find the total value of the annuity in 18 years if each quarterly payment is $190.
Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas.