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Greg wants to save money to remodel his house. He deposits$850at the end of each year in an ordinary annuity that earns4% interest, compounded annually.
Greg wants to save money to remodel his house. He deposits$850at the end of each year in an ordinary annuity that earns4% interest, compounded annually.
(a) Total value of the annuity at the end of the1st year
(b) Total value of the annuity at the end of the2nd year
(c) Total value of the annuity at the end of the3rd year
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