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It is now the beginning of the year. Assume that, starting at the end of the year, you will make deposits of $ 2 3

It is now the beginning of the year. Assume that, starting at the end of the year, you will make deposits of $233 each year into a savings account. You will make a total of 11 yearly deposits. Additionally, in 2 years your parents will give you a one-time gift worth $1,493 which you will immediately deposit in your account.
If the savings account interest rate is 5%, what is the present value of this savings plan?
Enter your answer in dollars, rounded to the nearest cent.
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