Find the future value of the following ordinary annuities. Payments are made and interest is compounded as given.

Find the future value of the following ordinary annuities. Payments are made and interest is compounded as given.

R=​$4000​, 9​% interest compounded annually for 20 years

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What is the future value of the ordinary​ annuity?

​​(Round to the nearest​ cent.

 

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