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Question 4 (1 point) Determine the interest earned by an ordinary simple annuity of $1100 deposited each month for 15 years at 4.9% per year

Question 4 (1 point) Determine the interest earned by an ordinary simple annuity of $1100 deposited each month for 15 years at 4.9% per year compounded monthly. $93 575.42 $101 680.99 $515 837.48 $123 028 856.3

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