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Elaine Romberg prepares her own income tax return each year. A tax preparer charges her $ 1 1 0 for this service. Over a period

Elaine Romberg prepares her own income tax return each year. A tax preparer charges her $110 for this service. Over a period of 7 years, how much does Elaine save from preparing her own tax return? Assume she can earn 4 percent with a savings certificate. Use Exhibit 1B-2.(Round time value factors to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.)
Savings from preparing tax return
$1013.56
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