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Krista Lee can purchase a service contract for all of her major appliances for $ 2 6 0 a year. If the appliances are expected

Krista Lee can purchase a service contract for all of her major appliances for $

260

a year. If the appliances are expected to last for

10

years and she earns

7

percent on her savings, what would be the future value of the amount Krista will pay for the service contract?

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