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Patti Jones plans to withhold $48 from her monthly paycheck and have it deposited in a savings account that earns 12% annually, compounded monthly. If
Patti Jones plans to withhold $48 from her monthly paycheck and have it deposited in a savings account that earns 12% annually, compounded monthly. If Jones 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) (Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places. Round "Table Factor" to 4 decimal places.) Periodic Cash Flow Table Factor Total Accumulation Table Values are Based on: n i =
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