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Find the future value of the annuity for mary

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Reference no: EM132775841

Problem 1: 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.

Select one:

a. $8596
b. $2394
c. $9965
d. $9982

Reference no: EM132775841

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