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Exercise B-17 (Algo) Future value of an amount plus an annuity LO P2, P4 Starr Company decides to establish a fund that it will use
Exercise B-17 (Algo) Future value of an amount plus an annuity LO P2, P4 Starr Company decides to establish a fund that it will use 4 years from now to replace an aging production facility. The company will make a $107,000 initial contribution to the fund and plans to make quarterly contributions of $44,000 beginning in three months. The fund earns 12%, compounded quarterly. (PV of $1, FV of $1, PVA of $1, and FVA of $1 ) Note: Use appropriate factor(s) from the tables provided. Round your "Table Factor" to 4 decimal places and final answers to the nearest whole dollar. What will be the value of the fund 4 years from now
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