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Assume that, starting next year, you will make deposits of $981 each year into a savings account. You will make a total of 11 annual

Assume that, starting next year, you will make deposits of $981 each year into a savings account. You will make a total of 11 annual deposits. If the savings account interest rate is 11%, what is the present value of this savings plan?

Enter your answer in dollars, rounded to the nearest cent (2 decimals).

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