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Daniel Jackson will deposit $22300 into an account today that earns 11% per year compounded annually. Using the following factors, what is the amount that
Daniel Jackson will deposit $22300 into an account today that earns 11% per year compounded annually. Using the following factors, what is the amount that will be in the account at the end of the 6 years? Type of Cash Flow Periods interest Rate Factor PV of $1 6 11% 0.5346 FV of $1 11% 1.8704 PV ordinary annuity 11% 4.2305 FV ordinary annuity 7.9129 PV annuity due 11% 6 6 6 11% 6 4,6959 $41710 $20855 $11922 $23843
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