Question: EC-1 Computing Growth from a Single Amount On January 1, you deposited $6,300 in an investment account. The account will earn 10 percent annual compound
EC-1 Computing Growth from a Single Amount On January 1, you deposited $6,300 in an investment account. The account will earn 10 percent annual compound interest, which will be added to the fund balance at the end of each year. (Future Value of factor(s) from the tables provided.) Required: 1. What will be the balance in the account at the end of 10 years? (Round your final answer to the nearest whole dollar amount.) Table or Calulator Function Present Value: n= Future Value
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