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Adam places the annuity amount of $55 in an account at the end of each year for 17 consecutive years beginning one year from today.
Adam places the annuity amount of $55 in an account at the end of each year for 17 consecutive years beginning one year from today. If the interest rate is 8%, how much will Adam have at the end of the 17th year? $ Place your answer in dollars and cents. Do not include a dollar sign or comma in your answer. Work your analysis to at least four decimal places of accuracy. CHECK
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