At the reading of the will, you learn that your inheritance will allow you to receive the amount of $$400$ at the end of each year for a total of $15$ consecutive years. However, because of your young age, these amounts will not begin until the end of $5$ years. If the interest rate is $6\mathrm{.}00\%,$ what is the equivalent present value of the inheritance?

$

Place your answer to the nearest dollar amount. DO NOT USE A DOLLAR SIGN OR A COMMA IN YOUR ANSWER. Work your analysis using at least four decimal places of accuracy.

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