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Present and future values of $ 1 at 3 % are presented below: N FV $ 1 PV $ 1 FVA $ 1 PVA $

Present and future values of $1 at 3% are presented below:
N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1
11.030000.970871.00000.970871.03001.00000
21.060900.942602.03001.913472.09091.97087
31.092730.915143.09092.828613.18362.91347
41.125510.888494.18363.717104.30913.82861
51.159270.862615.30914.579715.46844.71710
61.194050.837486.46845.417196.66255.57971
71.229870.813097.66256.230287.89236.41719
81.266770.789418.89237.019699.15917.23028
91.304770.7664210.15917.7861110.46398.01969
101.343920.7440911.46398.5302011.80788.78611
111.384230.7224212.80789.2526213.19209.53020
121.425760.7013814.19209.9540014.617810.25262
131.468530.6809515.617810.6349616.086310.95400
141.512590.6611217.086311.2960717.598911.63496
151.557970.6418618.598911.9379419.156912.29607
161.604710.6231720.156912.5611020.761612.93794
Sondra deposits $2,700 in an IRA account on April 15,2024. Assume the account will earn 3% annually. If she repeats this for the next 11 years, how much will she have on deposit on April 14,2036?
Multiple Choice
$43,415
$41,441
$47,362
$39,468

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