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Mark Welsch deposits $6,500 in an account that earns interest at an annual rate of 12%, compounded quarterly. The $6,500 plus earned interest must

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Mark Welsch deposits $6,500 in an account that earns interest at an annual rate of 12%, compounded quarterly. The $6,500 plus earned interest must remain in the account 3 years before it can be withdrawn. How much money will be in the account at the end of 3 years? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Present Value 6,500 Table Factor Total Accumulation

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