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Shekhar plans to invest $2,540 in a mutual fund at the end of each of the next five years. If he earns 4 percent interest

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Shekhar plans to invest $2,540 in a mutual fund at the end of each of the next five years. If he earns 4 percent interest each year, how much will his investment be worth after the last annuity payment is made? Use the equation method to calculate the worth of the investment. (Round the answer to the nearest whole dollar.)

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