JUIC. V UIT PL
1 of 6 (1 complete)
HW
X 8.5.5
a. Use the appropriate formula to find the value of the annuity
b. Find the interest.
Periodic Deposit
$60 at the end of each month
Rate
7% compounded monthly
Time
10 years
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a. The value of the annuity is $
(Do not round until the final answer. Then round to the nearest dollar as needed.)
nts
rary
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