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Mathematics 8 Online
OpenStudy (anonymous):

You deposit $6,000 at the end of each year into an ordinary annuity with an interest rate of 6.5% compounded annually. What will be the value of the annuity after 25 years? Do not round until the final answer; then round to the nearest dollar as needed.

OpenStudy (anonymous):

For some reason I got marked wrong for this problem and I want to understand why or how? I put in the answer as $90,776

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