Question: PLEASE ANSWER WITH STEP BY STEP SOLUTION How much interest is included in the future value of an ordinary simple annuity of $1,100 paid every

PLEASE ANSWER WITH STEP BY STEP SOLUTION

How much interest is included in the future value of an ordinary simple annuity of $1,100 paid every six months at 9% compounded semi-annually if the term of the annuity is 4.5 years? The interest is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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