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What is the future value of $500 paid at the end of each quarter (i.e. every three months) for the next 5 years if the

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What is the future value of $500 paid at the end of each quarter (i.e. every three months) for the next 5 years if the interest rate is 7% per year, compounded quarterly? The future value of the annuity is $. (Round to the nearest dollar.)

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