Question: Ann wants to save for a down payment for a house. She found an ordinary annuity that pays 3 1/4% compounded monthly. She will deposit

Ann wants to save for a down payment for a house. She found an ordinary annuity that pays 3 1/4% compounded monthly. She will deposit $900 each month for the next 7 years. How much will be in the account at the end of the term?

11. (3 points) Ann wants to save for a down payment for a house. She found an ordinary annuity that pays 3-% compounded monthly. She will deposit $900 each month for the next 7 years. 4 How much will be in the account at the end of the term

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