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Kelly Malone plans to have $46 withheld from her monthly poycheck and deposited in a sovings account that earns 12% annually. compounded monthly. If Malone
Kelly Malone plans to have $46 withheld from her monthly poycheck and deposited in a sovings 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, EV of \$1, PVA of \$1, and FVA of Si) Note: Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal ploces. Round "Table Foctor" to 4 decimal places. Kelly Malone plans to have $46 withheld from her monthly poycheck and deposited in a sovings 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, EV of \$1, PVA of \$1, and FVA of Si) Note: Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal ploces. Round "Table Foctor" to 4 decimal places
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
