Question: Present and Future values of $1 are presented below At the the end of each quarter Patti deposits $1600 into an account that pays 12%

Present and Future values of $1 are presented below

At the the end of each quarter Patti deposits $1600 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in 3 years?

3 1.09273 0.91514

Above is a table with FV of $1 on the left and PV of $1 on the right

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