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Shaan and Anita currently insure their cars with separate companies, paying $ 9 9 0 and $ 7 4 5 a year. If they insure

Shaan and Anita currently insure their cars with separate companies, paying $990 and $745 a year. If they insure both cars with the same company, they would save 10 percent on their annual premiums. What would be the future value of the annual savings over 9 years based on an annual interest rate of 7 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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