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What is the FV of an $85 annuity that is paid every 3 months (quarterly) for 15 years? The account earns 8.5%. Assume that compounding

What is the FV of an $85 annuity that is paid every 3 months (quarterly) for 15 years? The account earns 8.5%. Assume that compounding and payments happen at the same frequency.

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$10,124.86

$300.15

$2,399.74

$2,867.25

Please answer using an Excel function.

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