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Compute the present value of an annuity of $ 6 3 2 per year for 2 4 years, given a discount rate of 1 0

Compute the present value of an annuity of $632 per year for 24 years, given a discount rate of 10 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t=1).
Round your answer to 2 decimal places; record your answer without commas and without a dollar sign.
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