Question
QS B-7 (Algo) Future value of an annuity LO P4 Claire Fitch is planning to begin an individual retirement program in which she will
QS B-7 (Algo) Future value of an annuity LO P4 Claire Fitch is planning to begin an individual retirement program in which she will invest $3,700 at the end of each year. Fitch plans to retire after making 30 annual investments in the program earning a return of 9%. What is the value of the program on the date of the last payment (30 years from the present)? (PV of $1, EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "FV of an Ordinary Annuity" to 4 decimal places and final answer to the nearest whole dollar.) Periodic Cash Flow f (FV of an Ordinary Annuity) Future Value
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