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Mathematics 20 Online
OpenStudy (anonymous):

Please help I'm in the middle of a test: Jerry starts to save at age 35 for a vacation home that he wants to buy for his 50th birthday. He will contribute $300 each month to an account, which earns 1.7% interest, compounded annually. What is the future value of this investment, rounded to the nearest dollar, when Jerry is ready to purchase the vacation home?

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