What is the present value of the following annuity? $889 every year at the end of the year for the next 4 years, discounted back to the present at

What is the present value of the following annuity?

$889 every year at the end of the year for the next 4 years, discounted back to the present at 6.23 percent per year, compounded annually?

Round the answer to two decimal places.

Please explain how to solve this. Thank you