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Kelly Malone plans to have $56 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, compounded monthly. If Malone
Kelly Malone plans to have $56 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 year, 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) Note: Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places. Round "Table Factor" to 4 decimal places. Kelly Malone plans to have $56 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 year, 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) Note: Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places. Round "Table Factor" to 4 decimal places
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