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Deon wants to save money to purchase a car. He buys an annuity with yearly payments that earn 2.6% interest, compounded annually. Payments will be
Deon wants to save money to purchase a car. He buys an annuity with yearly payments that earn 2.6% interest, compounded annually. Payments will be made at the end of each year. Find the total value of the annuity in 6 years if each yearly payment is
$2830.
Do not round any intermediate computations, and round your final answer to the nearest cent.
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