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Find the future value of the following annuity due. Then determine how much of this value is from contributions and how much is from interest.$400
Find the future value of the following annuity due. Then determine how much of this value is from contributions and how much is from interest.$400 deposited at the beginning of each month for 5 years at 5.28% compounded monthly.
The account will have a total of $ [] after5 years.
How much of this is from contributions?
How much of this is from interest?
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