Mathematics, 24.10.2021 22:30, abrannan00pdw6ab

Cyrus deposits $ ⁢396.86 each month into an annuity account for his child's college fund in order to accumulate a future value of $⁢70,000 in 12 years. How much of the $70,000 will Cyrus ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary.

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Cyrus deposits $ ⁢396.86 each month into an annuity account for his child's college fund in order to...