Question: Please give answer in the =FV format. You would like to contribute to a savings account over the next five years in order to accumulate

Please give answer in the =FV format.

You would like to contribute to a savings account over the next five years in order to accumulate enough money to take a family trip. Assume an interest rate of 8%, compounded quarterly. How much will accumulate in five years by depositing $600 at the BEGINNING of each of the next 20 quarters? 5: Formula must include the =FV function and return a POSITIVE value

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