value of an annuity with monthly compounding An employee has $70 withheld from each monthly paycheck that is deposited in an account. The account earns 12% interest annually, and the interest is compounded monthly. Assuming the employee makes deposits for one years, determine the total account balance on the date of the final deposit. Note: Use factor(s) from tables provided. Round final answer to 2 decimals. Round "Table Factor" to 4 decimals. (PV of $1, FV of $1, PVA of $1, and EVA of $1) :02:26 Periodic Deposit Table Factor Total Accumulation ped Table Values are Based on: n