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Shaan and Anita currently insure their cars with separate companies, paying $810 and $655 a year. If they insure both cars with the same company,

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Shaan and Anita currently insure their cars with separate companies, paying $810 and $655 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 6 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 rences

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