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Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to

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Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to save $1,130 every year and plans to renovate her kitchen. She deposits the money in her savings account at the end of each year and earns 13% 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 years? O $4,350.27 O $2,668.10 O$3,272.33 $3,849.80 If Katie deposits the money at the beginning of every year and everything else remains the same, she will save by the end of three years. Plash Player WIN 31,0,0,122 3 3.34.10 2004-2016 Apla All rights reserved Save & Continue Grade It Now All rights reserved 2013 Cangage Learning except as rotid Continue without saving

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