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Find the future value of the following ordinary annuity. Payments are made and interest is compounded as given. R= $1,000, 7% interest compounded quarterly for

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Find the future value of the following ordinary annuity. Payments are made and interest is compounded as given. R= $1,000, 7% interest compounded quarterly for 8 years What is the future value of the ordinary annuity? $ (Round to the nearest dollar as needed.)

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