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For 17 years, Janet saved $750 at the beginning of every month in a fund...

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Finance

For 17 years, Janet saved $750 at the beginning of every month in a fund that earned 5.17% compounded annually. (Question based on: Annuities (Future and Present Value Calculations for Ordinary Simple and General Annuity)

a. What was the balance in the fund at the end of the period?

___________________ Round to the nearest cent

b. What was the total amount of interest earned over the period?

_____________________ Round to the nearest cent

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