where M is the regular monthly payment, r is the annual interest rate in decimal form, and I is the term of the annuity in years. If you chose an annuity with a term of two years at 4.3% and a monthly payment of $110, the future value would be $2751.70. Recalculate the future value amount if you're willing to raise your monthly payment $20 per month. Round your answer to the nearest cent. The future value would be $
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