Question
Present Value of $1 at 5% for 5 periods .78353 Present Value of $1 at 6% for 5 periods .74726 Present value of $1 at
Present Value of $1 at 5% for 5 periods .78353 Present Value of $1 at 6% for 5 periods .74726 Present value of $1 at 10% for 5 periods .62092 Present Value of $1 at 12% for 5 periods .56743 Present Value of $1 at 5% for 10 periods .61391 Present Value of $1 at 6% for 10 periods .55840 Present value of $1 at 10% for 10 periods .38554 Present Value of $1 at 12% for 10 periods .32197 Present Value of Ordinary Annuity at 5% for 5 periods 4.32948 Present Value of Ordinary Annuity at 6% for 5 periods 4.21236 Present value of Ordinary Annuity at 10% for 5 periods 3.79079 Present Value of Ordinary Annuity at 12% for 5 periods 3.60478 Present Value of Ordinary Annuity at 5% for 10 periods 7.72174 Present Value of Ordinary Annuity at 6% for 10 periods 7.18883 Present value of Ordinary Annuity at 10% for 10 periods 6.14457 Present Value of Ordinary Annuity at 12% for 10 periods 5.65022 Future Value of $1 at 5% for 5 periods 1.27628 Future Value of $1 at 6% for 5 periods 1.33823 Future value of $1 at 10% for 5 periods 1.61051 Future Value of $1 at 12% for 5 periods 1.76234 Future Value of $1 at 5% for 10 periods 1.62889 Future Value of $1 at 6% for 10 periods 1.79085 Future value of $1 at 10% for 10 periods 2.59374 Future Value of $1 at 12% for 10 periods 3.10585 Future Value of Ordinary Annuity at 5% for 5 periods 5.52563 Future Value of Ordinary Annuity at 6% for 5 periods 5.63709 Future value of Ordinary Annuity at 10% for 5 periods 6.10510 Future Value of Ordinary Annuity at 12% for 5 periods 6.35285 Future Value of Ordinary Annuity at 5% for 10 periods 12.57789 Future Value of Ordinary Annuity at 6% for 10 periods 13.18079 Future value of Ordinary Annuity at 10% for 10 periods 15.93743 Future Value of Ordinary Annuity at 12% for 10 periods 17.54874 On January 1, 2019, Carly Company decided to begin accumulating a fund to replace equipment in five years. The company plans to make semiannual deposits of $30,000 during five years at June 30 and December 31 each year. The first deposit was made at June 30, 2019. What will be the balance of the fund in five years at a 10% interest rate? Please use the following format for your answer $XX,XXX,XXX.XX
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