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Starr Company decides to establish a fund that it will use 5 years from now to replace an aging production facility. The company will make

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Starr Company decides to establish a fund that it will use 5 years from now to replace an aging production facility. The company will make a $96,000 initial contribution to the fund and plans to make quarterly contributions of $53,000 beginning in three months. The fund earns 12%, compounded quarterly (PV of $1. FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Future Value Factor" to 4 decimal places.) What will be the value of the fund 5 years from now? Table Values are Based on: n= Present Valtue Future Value Future Value Present Value Factor) Initial Investment Periodic Investments Future Value of Fund

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