Suppose that a large stock index has the following annual real returns over the next seven years.

Year 1: 17.7%

Year 2: 14.5%

Year 3: 9.4%

Year 4: -7.1%

Year 5: -12%

Year 6: 3%

Year 7: 5%

Assuming a representative initial dollar is invested in this index, what is the ending value of the corresponding real wealth index after 7 years?

Enter your value to two decimal places of accuracy. Do not enter the $ symbol or commas in your answer.