Eric wants to save money to open a tutoring center. He buys an annuity with a quarterly payment of $93 that pays 3.3% interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in 8 years. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial formulas. s[ X
