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Question 3 (1 point) You have just received an endowment and placed this money in a savings account at an annual rate of 19.06 percent.

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Question 3 (1 point) You have just received an endowment and placed this money in a savings account at an annual rate of 19.06 percent. You are going to withdraw the following cash flows for the next five years. End of year 1. $9,570 2. $8,204 3. $3,581 4. $1,218 5. $2,603 How much is the endowment that you received? Round the answer to two decimal places

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