Doe Company deposits $11,340 today in a mutual fund. The fund pays interest of 6% compounded annually. Below are the various discount rates for 6%

	Future Value of $1	Present Value of $1	Future Value of an ordinary annuity of $1	Present Value of an ordinary annuity of $1
Year 1	1.06000	0.93458	1.0000	0.94340
Year 2	1.12360	0.89000	2.0600	1.83339
Year 3	1.19102	0.83962	3.1836	2.67301

The balance in the fund at the end of 3 years will be:$___________________