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B Exercises Saved Help Save Mark Welsch deposits $7,200 in an account that earns interest at an annual rate of 12%, compounded quarterly. The $7,200

image text in transcribed B Exercises Saved Help Save Mark Welsch deposits $7,200 in an account that earns interest at an annual rate of 12%, compounded quarterly. The $7,200 plus earned interest must remain in the account 2 years before it can be withdrawn. How much money will be in the account at the end of 2 years? (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round Table Factor" to 4 decimal places.) Present Value $ k Table Factor Total Accumulation i 7,200 x ences pe here to search: II

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