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You are the winner of an annuity of $18,976 per year during 11 years. If the current Bank rate is 11% (think of this as

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You are the winner of an annuity of $18,976 per year during 11 years. If the current Bank rate is 11% (think of this as your opportunity cost), What is the present value of your award? Round your answer to the nearest two decimals if necessary. Do not type the $ symbol

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