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Find the future value for the ordinary annuity with the given payment and interest rate. PMT= $700; 1.05% compounded semiannually for 7 years. The future

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Find the future value for the ordinary annuity with the given payment and interest rate. PMT= $700; 1.05% compounded semiannually for 7 years. The future value of the ordinary annuity is $ 1. (Do not round until the final answer. Then round to the nearest cent as needed.)

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