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Find the future value of the following ordinary simple annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $788.00 1 month 7.75 years 4%
Find the future value of the following
ordinary
simple
annuity.
Periodic Payment | Payment Interval | Term | Interest Rate | Conversion Period |
$788.00 | 1 month | 7.75 years | 4% | monthly |
The future value is
$nothing.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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