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Shaan and Anita currently insure their care withompanies, paying $670 and $585 a year. If they insure both cars with the same company, they would

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Shaan and Anita currently insure their care withompanies, paying $670 and $585 a year. If they insure both cars with the same company, they would sav 10eir annual premiums. What would be the future value of the annual savings over 8 years based on an annual rate of 5 percent? Use Exhibit 1:B. (Do not round intermediate calculations. Round FVA factor to 3 decimal places and final answer to 2 decimal places.) Future value

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