Chapter 4 Assignment A job contract that pays a regular monthly salary for three years A job contract that pays an hourly wage based on the work done on a particular day Teresa loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each year, she will deposit $1,300 in her local bank, which pays her 8% annual interest. Teresa decides that she will continue to do this for the next 5 years. Teresa's savings are an example of an annuity. How much will she save by the end of 5 years, rounded to the nearest whole dollar? $8,237 $10,296 $6,483 $7,627 by the end of 5 If Teresa deposits the money at the beginning of every year and everything else remains the same, she will save years? Grade It Now Save & Continue Continue without saving De w 9 DALL