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What is the future value

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Bob goes to the bank to ask about an annuity. Bob tells the banker that he can put $300 into an annuity every month. The banker tells him he can make monthly interest payments with an annual interest rate of 4%. Bob wants to know the value of his annuity after 20 years, to the nearest dollar. What is the future value after 20 years?

Reference no: EM133074105

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