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Exercise B-16 Future value of an annuity LO P4 Kelly Malone plans to have $47 withheld from her monthly paycheck and deposited in a savings

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Exercise B-16 Future value of an annuity LO P4 Kelly Malone plans to have $47 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, compounded monthly. If Malone continues with her plan for one and one-half years, how much will be accumulated in the account on the date of the last deposit? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round Table Factor" to 4 decimal places.) Periodic Cash Flow Table Factor Total Accumulation Table Values are Based on

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