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Investment X offers to pay you $4,083 per year for 20 years, whereas Investment Y offers to pay you $5,418 per year for 8 years.

Investment X offers to pay you $4,083 per year for 20 years, whereas Investment Y offers to pay you $5,418 per year for 8 years. Both investments have a discount rate of 10.5%.

Calculate the present value for Investment X. (Round answer to 2 decimal places. Do not round intermediate calculations).

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