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Computing the Future Value of an Annuity Stone will deposit $12,000 at the beginning of each year for 10 years in a fund that earns

Computing the Future Value of an Annuity

Stone will deposit $12,000 at the beginning of each year for 10 years in a fund that earns 3%, compounded annually. What is the total amount of the fund at the end of 10 years?

Round answer to the nearest whole dollar.
Do not use a negative sign with your answer.

$ Answer

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