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What is the present value of the following annuity? $2,941 every half year at the beginning of the period for the next 7 years, discounted

What is the present value of the following annuity? $2,941 every half year at the beginning of the period for the next 7 years, discounted back to the present at 4.06 percent per year, compounded semiannually.

Round the answer to two decimal places.

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