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The Company deposits $7.300 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $7.300 plus earned interest must remain
The Company deposits $7.300 in an account that earns interest at an annual rate of 8%, compounded quarterly. The $7.300 plus earned interest must remain in the account 2 years before it can be withdrawn. How much money will be in the account at the end of 2 years? (PV of $1. FV of $1. PVA of $1. and FVA of $D (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Table Factor Present Value S 7.300 Total Accumulation
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