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use tables to answer TABLE 1 Future Value of 1 TABI.E 2 Future Value of an Annuity of I TABI.E 2 Future Value of an
use tables to answer
TABLE 1 Future Value of 1 TABI.E 2 Future Value of an Annuity of I TABI.E 2 Future Value of an Annuity of 1 TABLE 3 Present Value of 1 TABLE 4 Present Value of an Annuity of 1 Charles and Susan Garfield invested $5.700 in a savings account paying 6% annual interest when their daughter, Margaret, was born. They also deposited $1,300 on each of her birthdays until she was 14 (including her 14 th birthday). Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much was in the savings account on her 14 th birthday (after the last deposit)? (Round answer to 2 decimal places, es. 25.25) Amount on 14 th birthday Step by Step Solution
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