It is now the beginning of the year. Assume that, starting at the end of the year, you will make deposits of $891 each year into a savings account. You will make a total of 6 yearly deposits. Additionally, in 3 years your parents will give you a one-time gift worth $1,708 which you will immediately deposit in your account. If the savings account interest rate is 3%, what is the present value of this savings plan?