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O CONSUMER MATHEMATICS Finding the future value of an annuity Dan wants to save money to open a tutoring center. He buys an annuity with

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O CONSUMER MATHEMATICS Finding the future value of an annuity Dan wants to save money to open a tutoring center. He buys an annuity with a quarterly payment of $118 that pays 3.4% Interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 7 years. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas. 5

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