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Regular contributions of $400 are made at the end of each month for two years into a savings account earning interest at 5% compounded monthly.

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Regular contributions of $400 are made at the end of each month for two years into a savings account earning interest at 5% compounded monthly. The annuity can be classified as Ordinary Annuity Due O Ordinary General Annuity Ordinary Simple Annuity Perpetuity

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