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Mark Welsch deposits $6,300 in an account that earns Interest at an annual rate of 8%, compounded quarterly. The $6,300 plus earned interest must remain

image text in transcribed Mark Welsch deposits $6,300 in an account that earns Interest at an annual rate of 8%, compounded quarterly. The $6,300 plus earned interest must remain in the account 1 years before It can be withdrawn. How much money will be in the account at the end of 1 years? (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) Note: Use approprlate factor(s) from the tables provided. Round "Table Factor" to 4 declmal places

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