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For your retirement, Glenn's Discount Bank has offered to sell you an annuity today that will pay you $81,000 per year for 13 years. If

For your retirement, Glenn's Discount Bank has offered to sell you an annuity today that will pay you $81,000 per year for 13 years. If you can earn 8% per year on your savings, what is the most you would be willing to pay the bank today? Answer to 2 decimal places, for example 100.21

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