Jane Adele deposits $1,700 in an account at the beginning of each 3-menth period for 12 years. If the account pays interest at the rate of 4%, compounded quarterly, hew much will she have in her account after 12 years? (a) State whether the problem relates to an ordinary annuity or an annuty due. O ordinary annuity annuity due (b) Solve the problem. (Round your answer to the nearest cent.)

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