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Jenna would te to purchase a new car in three years. If she saves $1,100 per year in an account that pays 8% annual
Jenna would te to purchase a new car in three years. If she saves $1,100 per year in an account that pays 8% annual interest for the next 3 years, how much wil she have saved for a down payment? (Round the final answer to the nearest dollar) Values for i 8%, n=3 Present value of an ordinary annuity of $1 2.577 Present value of $ 772 Future value of an ordinary annuity of $1 3.246 Future value of St 1.260 OA $3.935 OB. $3.571 Oc. $2.835 OD. $4.149 CHO
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