$2,500 is deposited into an account at the end of each month for 6 years. The account earns 1.11% annual interest compou

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answerhappygod
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$2,500 is deposited into an account at the end of each month for 6 years. The account earns 1.11% annual interest compou

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2 500 Is Deposited Into An Account At The End Of Each Month For 6 Years The Account Earns 1 11 Annual Interest Compou 1
2 500 Is Deposited Into An Account At The End Of Each Month For 6 Years The Account Earns 1 11 Annual Interest Compou 1 (16.81 KiB) Viewed 22 times
$2,500 is deposited into an account at the end of each month for 6 years. The account earns 1.11% annual interest compounded monthly. What is the future value of the annuity? Use the formula: (1 FV PMTſ (+5)*- ] Express your answer in the proper unit and rounded to the nearest cent (hundredth of a dollar).
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