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Marge has contributed $154 per month for the last 8 years into an RRSP account earning 4.20% compounded monthly. Find the future value of the

Marge has contributed $154 per month for the last 8 years into an RRSP account earning 4.20% compounded monthly. Find the future value of the RRSP using the appropriate simple annuity formula. Round your answer to the nearest dollar. Full solution to this problem required in the rough work.

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