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Mark Welsch deposits $ 8 , 1 0 0 in an account that earns interest at an annual rate of 8 % , compounded quarterly.
Mark Welsch deposits $ in an account that earns interest at an annual rate of compounded quarterly. The $ plus earned
interest must remain in the account years before it can be withdrawn. How much money will be in the account at the end of years?
of $ of $ PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided. Round "Table Factor" to decimal places.
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