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Claudine Corporation will deposit $ 4 , 0 0 0 into a money market account at the end of each year for the next two

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Claudine Corporation will deposit $4,000 into a money market account at the end of each year for the next two years. How much will accumulate by the end of the second and final payment if the account earns 9% interest?
Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $7).
Mutiple Choice
$8.000
$8.260
$8.360
57,510
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