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Find the value of the ordinary annuity at the end of the indicated time period. The payment R, frequency of deposits m (which is the
Find the value of the ordinary annuity at the end of the indicated time period. The payment R, frequency of deposits m (which is the same as the frequency of compounding) annual interest rate r, and time period t are given.
Amount $600; quarterly; 7.9%; five years
The ordinary annuity is $______ (Round to the nearest cent as needed)
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