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Using Technological Tools: Future Value of an Annuity $-$ Knowledge Check

Knowledge Check

You plan to deposit $$550$ into a bank account every.year for $10$ years. The fund earns $6\%$ interest compounded annually. Indicate the inputs to be entered into the financial calculator keys. How much will be in the fund at the end of year $10?($Round future value answer to two decimal places $($e$.$g$.,52\mathrm{.}75).)$

Inputs $$

$$ N$/$A $?$

Calculator Keys

$N$

I

PV

PMT

FV

Future value

$