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    Algebra and Trigonometry Study Set 1
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    Exam 11: Sequences, Induction, and Probability
  5. Question
    Find the Value of an Annuity
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Find the Value of an Annuity

Question 198

Question 198

Multiple Choice

Find the Value of an Annuity
-Kurt deposits $150 each month into an account paying annual interest of 6% compounded monthly. How much will his account have in it at the end of 9 years?


A) $21,411
B) $1724
C) $21,257
D) $21,540

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