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You have just received an endowment and placed this money in a savings a

/in /by

You have just received an endowment and placed this money in a savings
account at an annual rate of 9.45 percent. You are going to withdraw the following cash flows for the next five years.
End of year
1. $3931
2. $6345
3. $5066
4. $3095
5. $2446
How much is the endowment that you received?

 
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