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a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic Deposit Rate Time $5000 at the end of
a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic Deposit Rate Time $5000 at the end of each year 5 % compounded annually 20 years LOADING... Click the icon to view some finance formulas. Question content area bottom Part 1 a. The value of the annuity is $ enter your response here. (Do not round until the final answer. Then round to the nearest dollar as needed.) Part 2 b. The interest is $ nothing . (Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.)
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