An investor wants to save money to purchase real estate. He deposits$650 at the end of each
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Question:
An investor wants to save money to purchase real estate. He deposits$650 at the end of each year in an ordinary annuity that pays2% interest, compounded annually.
A, Find the total value of the annuity at the end of the1st
year.
B, Find the total value of the annuity at the end of the2nd year.
C, Find the total value of the annuity at the end of the3rd year
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