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Description Problem Set 2 Part 1 These problems focus on saving annuities. Be sure to use the annuity formula not the compound interest formula. Be sure that you show all of your work to reach your answer. Each step must be on a separate line. Your method to reach your answer must be clear and include explanations. Only round when you have reached a final answer. Do not round during the steps to reach the final answer. Use the longer number that your calculator gives you. Final answer: Round money to the nearest cents. Example $46.778 rounds to $46.78 Problem

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