Question: Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6%

Using only the factors provided in this table below (do not use excel, a scientific calculator, know the correct factor to use) Interest is 6% per period If $3100 is put in a savings account each year paying interest of 6% compounded annually, what amount will be in the account at the end of 4 years? Selected Answer: 3,913.68 Correct Answer: 17,4752

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