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Present and future value tables of $1 at 3% are presented below: IN FV $1 PV $1 FVA $1 | PVA $1 FVAD $1 |
Present and future value tables of $1 at 3% are presented below: IN FV $1 PV $1 FVA $1 | PVA $1 FVAD $1 | PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 | 4 1.12551 10.88849 4.1836 | 3.717104 .3091 | 3.82861 5 1.15927 0.86261 5.3091 4.57971 5.46844.71710 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.89236.41719 | 8 1.26677 10.789418.8923 7.01969 9.1591 | 7.23028 9 (1.30477 10.76642 10.1591 7.78611 | 10.4639 8.01969 10 1.34392 0.74409 | 11.4639 8.53020 11.80788.78611 11 1.38423 0.72242 12.8078 | 9.25262 | 13.1920 | 9.53020 12 1.42576 10.70138 | 14.1920 | 9.95400 | 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 | 16.0863 10.95400 | 14 |1.51259 0.66112 | 17.0863 11.29607 | 17.5989 11.63496 | 15 11.55797 0.64186 18.5989 11.93794 | 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 | 20.7616 12.93794 Sondra deposits $2,300 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 10 years, how much will she have on deposit on April 14, 2031? Sondra deposits $2,300 in an IRA account on April 15, 2021. Assume the account will earn 3% annually. If she repeats this for the next 10 years, how much will she have on deposit on April 14, 2031? Multiple Choice $27158. $32,590. $29,874. $28,516
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