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Boris wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.2% interest, compounded quarterly. Payments will be

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Boris wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.2% interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 3 years if each quarterly payment is $1455. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas. su 5

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