Question: 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

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 $106,000 initial contribution to the fund and plans to make quarterly contributions of $43,000 beginning in three months. The fund earns 8%, compounded quarterly. (PV of $1, FV of $1, PVA of $1, and EVA 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

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