Poornima loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each year, she wili deposit $700 in her local bank, which pays her 9% annual interest. Poornima decides that she will continue to do this for the next 7 years, Poornima's savings are an example of an annuity. How much will she save by the end of 7 years, rounded to the nearest whole dollar? $6,440 58,694 $7,020 $5,474 If Poornima deposits the money at the beginning of every year and everything else remains the same, she will save by the end of 7 years