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Starr Company decides to establish a fund that it will use 3 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 3 years from now to replace an aging production facility. The company will make a $104,000 initial contribution to the fund and plans to make quarterly contributions of $57,000 beginning in three months. The fund earns 16%, compounded quarterly. (PV of $1, FV of $1, PVA of $1, and FVA of $1)
Note: Use appropriate factor(s) from the tables provided. Round your "Table Factor" to 4 decimal places and final answers to the nearest whole dollar.
What will be the value of the fund 3 years from now?
\table[[Table Values are Based on:,,,],[,,,],[,Present Value,Table Factor,Future Value],[Initial Investment,,],[Periodic Investments,,,],[Future Value of Fund,,,]]N
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