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Seorge and Yujia currently insure their cars with separate companies, paying $1,500 and $1,300 a year. If they insured ooth cars with the same company,
Seorge and Yujia currently insure their cars with separate companies, paying $1,500 and $1,300 a year. If they insured ooth cars with the same company, they would save 15 percent on the annual premiums. What would be the future value of the annual savings over 10 years based on an annual interest rate of 5 percent? Use (Round your final answer to 2 decimal places. Do not round intermediate calculations. Omit the "\$" sign n your response.) Euture value of annual savings
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