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Katie had a high monthly food bill before she decided to cook at home everyday in order to reduce her expenses. she starts to save
Katie had a high monthly food bill before she decided to cook at home everyday in order to reduce her expenses. she starts to save $1,830 every year and plans to revonate her kitchen. she deposits the money in her savings account at the end of each year and earns 14% annual interest. Katie's savings are an example of an annuity. if Katie decides to renovate her kitchen, how much would she have in her savings account at the end of three year?
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