Question: Please show me the work- need to learn :) You have just received an endowment and placed this money in a savings account at an

Please show me the work- need to learn :)

You have just received an endowment and placed this money in a savings account at an annual rate of 9.56 percent. You are going to withdraw the following cash flows for the next five years. End of year 1. $3,494 2. $5,862 3. $5,865 4. $1,039 5. $11,977 How much is the endowment that you received? Round the answer to two decimal places

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