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Harry Taylor plans to pay an ordinary annuity of $6200 annually for ten years so he can take a years sabbatical to study for a

Harry Taylor plans to pay an ordinary annuity of $6200 annually for ten years so he can take a years sabbatical to study for a masters degree in business. The annual rate of interest is 3.4%. How much will Harry have at the end of 3 years? How much interest will he earn on the investment after 3 years? Round to the nearest cent as needed.

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