Claire Fitch is planning to begin an individual retirement program in which she will invest $3,900 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 FVA factor to 4 decimals.)

Periodic Cash Flow	x	f (FV of an Ordinary Annuity)	=	Future Value
	x		=