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17 Exercise B-16 Future value of an annuity LO P4 points Kelly Malone plans to have $49 withheld from her monthly paycheck and deposited in
17 Exercise B-16 Future value of an annuity LO P4 points Kelly Malone plans to have $49 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, compounded monthly. If Malone continues with her plan for one year, how much will be accumulated in the account on the date of the last deposit? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places. Round "Table Factor" to 4 decimal places.) eBook Periodic Cash Flow Table Factor Total Accumulation Hint Table Values are Based on: Print References QS B-7 Future value of an annuity LO P4 10 points Claire Fitch is planning to begin an individual retirement program in which she will invest $4,000 at the end of each year. Fitch plans to retire after making 30 annual investments in the program earning a return of 8%. What is the value of the program on the date of the last payment (30 years from the present)? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "FV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) eBook Periodic Cash Flow f(FV of an Ordinary Annuity) = Future Value Hint Ask Print
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