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Claire Fitch is planning to begin an individual retirement program in which she will invest $2,000 at the end of each year. Fitch plans
Claire Fitch is planning to begin an individual retirement program in which she will invest $2,000 at the end of each year. Fitch plans to retire after making 30 annual investments in the program earning a return of 8%. What is the value of the program on the date of the last payment (30 years from the present)? (PV of $1. EV of $1, PVA of $1, and EVA 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.) Periodic Cash Flow f(FV of an Ordinary Annuity) Future Value
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