engineering economy

6. $500 is deposited in a savings account at the beginning of each year for 15 years and the account earns 7% interest compounded annually, what will be the balance on the account at the end of 15 years (F)? 5 Click the icon to view the interest factors for discrete compounding when i 7% per year. The balance on the account at the end of 15 years will be $ (Round to the nearest dollar) 5: More Info Single Payment Compound Present Amount Worth Factor Factor (F PLN) (PF, N) 1.0700 0.9346 1.1449 0.8734 1.2250 0.8163 1.3108 0.7629 1.4026 0.7130 Equal Payment Series Compound Sinking Present Amount Fund Worth Factor Factor Factor (FIAN (AFN) (PIAIN) 1.0000 1.0000 0.9346 2.0700 0.4831 1.8080 3 2149 0.3111 2.6243 4.4399 0.2252 3.3872 5.7507 0.1739 4.1002 Capital Recovery Factor (A/P, IN) 1,0700 0.5531 0.3811 0.2952 0.2439 1.5007 1.6058 1.7182 1.8385 1.9672 0.6663 0.6227 0.5820 0.5439 0.5083 7.1533 8.6540 10.2598 11.9780 13.8164 0.1398 0.1156 0.0975 0.0835 0.0724 4.7665 5.3893 5.9713 6.5152 7.0236 0.2098 0.1856 0.1675 0.1535 0.1424 2 1049 2.2522 2.4098 2.5785 2.7590 0.4751 0.4440 0.4150 0.3878 0.3624 15.7836 17.8885 20.1406 22.5505 25. 1290 0.0634 0.0569 0.0497 0.0443 0.0398 7.4987 7.9427 8.3577 8.7455 9.1079 0.1334 0.1259 0.1197 0.1143 0.1098