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Consider the ordinary annuity where you deposit $130 at the end of each year for 4 years and earn 5.6% per year. How much will

Consider the ordinary annuity where you deposit $130 at the end of each year for 4 years and earn 5.6% per year. How much will you have at the end of the forth year?

a.

$315.25

b.

$525.15

c.

$565.33

d.

$556.25

e.

$484.75

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