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What is the present value of the following annuity? $1,770 every quarter year at the end of the quarter for the next 11 years, discounted

What is the present value of the following annuity?

$1,770 every quarter year at the end of the quarter for the next 11 years, discounted back to the present at 18.50 percent per year, compounded quarterly?

Round the answer to two decimal places.

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