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A house is rented for $7,900 per quarter, with each quarter's rent payable in advance. If money is worth 2%, compounded quarterly, and the rent

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A house is rented for $7,900 per quarter, with each quarter's rent payable in advance. If money is worth 2%, compounded quarterly, and the rent is deposited in an account, what is the future value of the rent for one year? (Round your answer to the nearest cent.) $ Need Help? Read It Watch It

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