Question: To calculate the future value ( FV ) and total interest of an ordinary annuity, we'll use the given details and the future value formula

To calculate the future value (FV) and total interest of an ordinary annuity, we'll use the given details and the future value formula for an ordinary annuity:Annuity Type: Ordinary annuityPeriodic Payment (PMT): $2,100 Annual Interest Rate (r): 8% Number of Periods (n): 4 years

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