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Part $1$

$($Calculating the present value of complex cash$$ flows$)$ How much do you have to deposit today so that beginning $11$ years from now you can withdraw

$$$$13$ comma $00013,000$

a year for the next

$88$

years$($periods $11$ through

$1818)$

plus an additional amount of

$$$$26$ comma $00026,000$

in the last year$($period

$1818)?$

Assume an interest rate of

$77$

percent.

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Part $1$

The amount of money you have to deposit today is

$$$enter your response here.

$($Round to the nearest$$ cent.$)$