Question: Present and future values of $1 at 9% are presented below. PV of $1 FV of $1 1 0.91743 1.09000 PVA of $1 0.91743

Present and future values of $1 at 9% are presented below. PV of $1 FV of $1 1 0.91743 1.09000 PVA of $1 0.91743 FVAD of $1 FVA of $1 1.0900 1.0000 2 0.84168 1.18810 1.75911 2.2781 2.0900 3 0.77218 1.29503 2.53129 3.5731 3.2781 4 0.70843 1.41158 3.23972 4.9847 4.5731 5 6 0.64993 1.53862 0.59627 1.67710 3.88965 6.5233 4.48592 8.2004 5.9847 7.5233 Ajax Company invested $220,000 in an investment account paying 9% interest compounded annually. How much will accumulate in the account by the end of year six?

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