A Plaintiff Is Awarded a Settlement Of $\$ 15,000$ Per Year (Paid at the Beginning of the Year) for Year

Short Answer

A plaintiff is awarded a settlement of $\$ 15,000$ per year (paid at the beginning of the year) for the rest of his life. Assuming 3.6\% annual interest, how much money would the defendant have to put aside now in order to ensure that the settlement would be paid (no matter how many years the plaintiff lived)? In other words, what is the present value of the settlement if the plaintiff may live indefinitely? Round to the nearest dollar.