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Appendix B Time Value of Money Saved Claire Fitch is planning to begin an individual retirement program in which she will invest $2,300 at the
Appendix B Time Value of Money Saved Claire Fitch is planning to begin an individual retirement program in which she will invest $2,300 at the end of each year. Fitch plans to retire after making 30 annual investments in the program earning a return of 12%. 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.) points Periodic Cash Flow f(FV of an Ordinary Annuity) Future Value eBook $ 2,300 x 270 2926 D References
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