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This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. What

This set of problems is designed to be calculated using theExcel or financial calculator.Do not use financial tables to calculate these problems.

What is the accumulated sum of the following stream of payments?

$2,999 every year at the end of the year for 15 years at 9.74 percent, compounded annually.

Round the answer to two decimal places.
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