Question $9(6\mathrm{.}66$ points$)$

Compute the present value of an annuity of $$614$ per year for $24$ years, given a discount rate of $9$ percent per annum. Assume that the first cash flow will occur one year from today $($that is$,$ at $t=1).$

Round your answer to $2$ decimal places; record your answer without commas and without a dollar sign.

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