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a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic Deposit $2000 at the end of each year
a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic Deposit $2000 at the end of each year Rate 3.5% compounded annually Time 40 years Click the icon to view some finance formulas. a. The value of the annuity is $ (Do not round until the final answer. Then round to the nearest dollar as needed.) b. The interest is $ (Use the answer from part (a) to find this answer. Round to the nearest dollar as needed.)
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