Monthly payments of $200 are paid into an annuity beginning on January 31, with a...
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Accounting
Monthly payments of $200 are paid into an annuity beginning on January 31, with a yearly interest rate of 6%, compounded monthly. Add the future values of each payment to calculate the total value of the annuity on September 1. On September 1, the value of the annuity will be $ (Round to the nearest cent.)
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