Question: please write out the entire number for the answers. do not abbreviate or shorten them. (Present value of complex cash flows) How much do you

please write out the entire number for the answers. do not abbreviate or shorten them.

(Present value of complex cash flows) How much do you have to deposit today so that beginning 11 years from now you can withdraw $6,000 a year for the next 7 years (periods 11 through 17) plus an additional amount of $12,000 in the last year (period 17)? Assume an interest rate of 8 percent. The amount of money you have to deposit today is $ (Round to the nearest cent.)

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