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Use a calculator to evaluate an ordinary annuity formula A = m 1 + r n nt 1 r n for m , r ,

Use a calculator to evaluate an ordinary annuity formula

A = m

1 +

r
n
nt

1

r
n

for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.)

$150; 7%; 35 yr

A =

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