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Exercise B-17 Future value of an amount plus an annuity LO P2, P4 Starr Company decides to establish a fund that it will use 5

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Exercise B-17 Future value of an amount plus an annuity LO P2, P4 Starr Company decides to establish a fund that it will use 5 years from now to replace an aging production facility. The company will make a $102,000 initial contribution to the fund and plans to make quarterly contributions of $41,000 beginning in three months. The fund earns 12%, compounded quarterly. (PV of $1. FV of $1. PVA of $1, and EVA of $1) (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 5 years from now? Table Values are Based on: n. Present Value Table Factor Future Value Initial Investment Periodic Investments Future Value of Fund

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