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Krista Lee can purchase a service contract for all of her major appliances for $200 a year. If the appliances are expected to last for
Krista Lee can purchase a service contract for all of her major appliances for $200 a year. If the appliances are expected to last for 14 years and she earns 6 percent on her savings, what would be the future value of the amount Krista will pay for the service contract?
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