Question: Classify the financial problem. Assume a 13% interest rate compounded annually. Deposit $300 at the end of each year. What is the total in the

 Classify the financial problem. Assume a 13% interest rate compounded annually.

Classify the financial problem. Assume a 13% interest rate compounded annually. Deposit $300 at the end of each year. What is the total in the account in 10 years? O sinking fund O present value ordinary annuity O amortization future value Answer the question. (Round your answer to the nearest cent.) $ Need Help? Read it

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