A supermarket wants to allocate 1.75% as bounce to reward the hardworking employees from the total that will be made annually. The sales are expected to be $250,180 in the first year and $262,180 in the second year. The amount increases each year by 5% for the coming 14 years. If the interest rate was 8% per year, what is the equivalent annual worth of this bonus in years 1 to 14?