Question: MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at

 MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In the following ordinary

MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period Find the accumulated amount of the annuity. (Round your answer to the nearest cent.) $1000 monthly at 4.9% for 20 years. $ 406319 32

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