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Donna wants to save money to open a tutoring center. She buys an annuity with a monthly payment of $15 that pays 3.8% interest, compounded

Donna wants to save money to open a tutoring center. She buys an annuity with a monthly payment of

$15

that pays

3.8%

interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in

10

years.

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