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Find the present value of an annuity with annual payments of $1,100.00 compounded at the end of each year for 8 years after being deferred

Find the present value of an annuity with annual payments of $1,100.00 compounded at the end of each year for 8 years after being deferred for 3 years, if money is worth 6.3%, compounded annual. The present value would be $ . (Round to 2 decimal places.)

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