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$17,600 5 years 8% Lee Wills Ioaned Audrey Chin $17,600 to open Snip its Hair Salon. After 5 years, Audrey will repoy Lee with 8%

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$17,600
5 years
8%
Lee Wills Ioaned Audrey Chin $17,600 to open Snip its Hair Salon. After 5 years, Audrey will repoy Lee with 8% interest compounded quarterly. How much will Lee receive at the end of 5 years? (Use the Table provided) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Future value interest factor of S1 ner period at i% for n neriods. FVIFti.n)

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