You have just received an endowment and placed this money, Financial Management

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You have just received an endowment and placed this money

You have just received an endowment and placed this money in a savings account at an annual rate of 6.97 percent. You are going to withdraw the following cash flows for the next five years.

End of year

$6,769

$5,768

$2,004

$2,446

$9,148

How much is the endowment that you received?

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