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Elliot Industries invests a portion of its profits each year into a benefit emergency health care account for it employees. For the last five
Elliot Industries invests a portion of its profits each year into a benefit emergency health care account for it employees. For the last five years it has invested year-end amounts of 53748, 51060, 28773, 62872 and 92465. If the last deposit (92465) was made today and the account earns an average of 9.6% per year, how much money is currently in the account, assuming there have been no withdrawals? Type your answer to 2 decimal places. Use the relevant formula instead of CVIF, PVIF, CVIFA or PVIFA
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