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(1 point) If you make quarterly payments of $499.00$499.00 into an ordinary annuity earning an annual interest rate of 5.63%5.63% compounded quarterly, how much will
(1 point) If you make quarterly payments of $499.00$499.00 into an ordinary annuity earning an annual interest rate of 5.63%5.63% compounded quarterly, how much will you have in the account after 55 years?
(Note: Your answers are dollar amounts and should include a dollar sign)
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