Question: Annuity - Future Value. If Jack invests $500.00 at the beginning of each quarter for 5 years with an interest rate of 4.75% compounded

Annuity - Future Value. If Jack invests $500.00 at the beginning of each quarter for 5 years with an interest rate of 4.75% compounded quarterly, how much will he have in his account at the end of the fifth year (round to nearest cent)?

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