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Find the future value of the annuity

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Reference no: EM132784461

Question - Mary puts aside $400 at the end of each three months for five years into a savings account. The interest rate is 9% compounded monthly. Find the future value of the annuity.

a. $8596

b. $2394

c. $9965

d. $9982

Reference no: EM132784461

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