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Ivanna wants to save money to open a tutoring center. She buys an annuity with a monthly payment of $15 that pays 3.7% interest, compounded
Ivanna wants to save money to open a tutoring center. She buys an annuity with a monthly payment of $15 that pays 3.7% interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 7 years.Do not round any intermediate computations, and round your final answer to the nearest cent.
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