Question: Current Attempt in Progress Pleasant Company has decided to begin accumulating a fund for plant expansion The company deposited 80 000 in a fund on

Current Attempt in Progress Pleasant Company has decided to begin accumulating

Current Attempt in Progress Pleasant Company has decided to begin accumulating a fund for plant expansion The company deposited 80 000 in a fund on January 2 2018 Pleasant will also deposit 40 000 annually at the end of each year starting in 2018 The fund pays interest at 4 compounded annually Click here to view the factor table What is the balance of the fund at the end of 2022 after the 2022 deposit For calculation purposes use 5 decimal places as displayed in the factor table provided Round answer to 2 decimal places eg 52 75 Fund balance

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