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JT just bought hurricane insurance coverage for the next 11 years (his coverage begins today and ends 11 years from today). He has agreed to

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JT just bought hurricane insurance coverage for the next 11 years (his coverage begins today and ends 11 years from today). He has agreed to pay $4,456 each year starting immediately and making his last $4,456 annual payment at the beginning of year 11. Find the future value of his insurance contract if the interest rate is 7.9 5.80%. Answer Format: ENTER YOUR ANSWER AS A POSITIVE NUMBER INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" or any other formatting. Carry computation to at least 4 decimals and round your final answer to 2 decimal places. ######.##

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