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Present and future value tables of $1 at 3% are presented below: N FV $1 $1 1.03000 0.97087 |1.06090 0.94260 1.092730.91514 1.12551 0.88849 PV FVA

Present and future value tables of $1 at 3% are presented below:
N FV $1
$1
1.03000 0.97087
|1.06090 0.94260
1.092730.91514
1.12551 0.88849
PV
FVA $1
1.00000.97087 1.0300
2.0300 1.91347
3.0909 2.82861 3. 1836
PVA $1 FVAD $1
PVAD $1
1.00000
1.97087
2.91347
2
2.0909
4.18363.71710
5.30914.57971 5.4684
4.3091 3.82861
4.71710
5.57971
6.41719
9.1591 7.23028
51.15927 0.86261
1.194050.837486.4684 5.41719 6.6625
1.22987 0.81309
6
7.66256.23028
7.8923
8.8923 7.01969
8 1.26677 0.78941
1.30477 0.76642 10.15917.78611
10. 46398.01969
11.4639 | 8.53020 11.80788.78611
11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020
12 1.42576 0.70138 14.19209.95400 14.6178 10.25262
16.0863 10.95400
11.63496
18.5989 11.93794 19.156912.29607
20.156912.56110 20.7616 12.93794
10 1.34392 0.74409
15.6178 10.63496
13 1.46853 0.68095
14
15
16 1.60471 0.62317
|1.51259 0.66112 17.0863 11.29607 17.5989
1.55797 0.64186
At the end of each quarter, Patti deposits $1,700 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in
4 years?
image text in transcribed
Present and future value tables of $1 at 3% are presented below. N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $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 42.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5 1.15927 0.86261 5.3891 4.57971 5.4684 4.71710 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9. 1591 7.23028 9 1.30477 0.76642 18.1591 7.78611 10.4639 8.1969 10 11.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13. 1920 9.53020 12 1.42576 0.70138 14. 1920 9.95400 14.6178 18.25262 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 10.64186 18.5989 11.93794 19.1569 12.29607 16 1.68471 0.62317 20. 1569 12.56110 20.7616 12.93794 At the end of each quarter, Patti deposits 51700 into an account that pays 12 interest compounded quarterly. How much will Potts have in the account in 4 years

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