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Carl won a prize of 2 1 , 3 9 1 dollars that will be paid out 7 years from now. If the interest rate

Carl won a prize of 21,391 dollars that will be paid out 7 years from now. If the
interest rate is 6.65% per year, what is the value of Carl's future prize money today?
In other words, if the prize were paid out now (instead of waiting 7 years), how
much would Carl be paid today? (note: round your answer to two decimal
places; do not include spaces or dollar signs.)
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