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can someone help me with this question im trying to find the table factor and the total accumulation. this is a 4 year one Mark
can someone help me with this question im trying to find the table factor and the total accumulation. this is a 4 year one
Mark Welsch deposits $6,400 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $6,400 plus earned interest must remain in the account 4 years before it can be withdrawn. How much money will be in the account at the end of 4 years? (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Present Value 6,400 Table Factor Total Accumulation Step by Step Solution
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