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Homework help - Brian wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.2% interest, compounded quarterly.

Homework help -

"Brian wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.2% interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 3 years if each quarterly payment is $1377. Do not round any intermediate computations, and round your final answer to the nearest cent."

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