Financial Maths, STD2 2018 HSC 26c (Adapted)

Sofia contributes $175 to an annuity at the end of every month and plans to keep this up for 3 years.

Ignoring interest, how much will Sofia have paid into the annuity in total over the 3 years? (1 mark)

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$\text{Total contributed}=\$6300$

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$\text{Total contributed}=3\times 12\times 175=\$6300$