Question: Exercise B-5 Future value of an amount LO P2 Mark Welsch deposits $7.600 in an account that earns Interest at an annual rate of 8%,

 Exercise B-5 Future value of an amount LO P2 Mark Welsch

Exercise B-5 Future value of an amount LO P2 Mark Welsch deposits $7.600 in an account that earns Interest at an annual rate of 8%, compounded quarterly The 57600 plus earned Interest must remain in the account 3 years before it can be withdrawn How much money will be in the account at the end of 3 years (PV of $1. FV of $1. PVA of $1, and FVA of S1 (Use appropriate foctor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Present Value Table Factor Total Accumulation

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