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Christine wants to save money to purchase a car. She buys an annuity with monthly payments that earn 2.2% interest, compounded monthly. Payments will be

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Christine wants to save money to purchase a car. She buys an annuity with monthly payments that earn 2.2% interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 5 years if each monthly payment is $286. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas. X

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