The function c(t)=c0​(1+r)ᵗ models the rise in the cost of a product that has a cost of c0​ today, subject to an average yearly inflation rate of r for t years. If the average annual rate of inflation over the next 13 years is assumed to be 3.5%, what will the inflation-adjusted cost of a $27,000 motorcycle be in 13 years? Round to two decimal places.

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