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You are considering a project with cash flows of $8,216, $1,189, and $9,528 at the end of each year for the next three years, respectively.

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You are considering a project with cash flows of $8,216, $1,189, and $9,528 at the end of each year for the next three years, respectively. What is the present value of these cash flows, given a discount rate of 2 percent? Do not round intermediate calculations. Round your answer to the nearest cent

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