Alysha's parents save $$2428$ per year for $4$ years to pay for her university

tuition costs. They deposit the money into a Registered Education Savings

Plan $($RESP$)$ account so that no tax is payable on the interest income. This

RESP account provides a return of $6$ percent per year. How much have they

accumulated after $4$ years? $($Round to two decimal places$)$

Answer: