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C 15 5.25 points Exercise B-17 (Algo) Future value of an amount plus an annulty...

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Accounting

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C 15 5.25 points Exercise B-17 (Algo) Future value of an amount plus an annulty LO P2, P4 Start Company decides to establish a fund that it will use 5 years from now to replace an aging production facility. The company will make a $96,000 initial contribution to the fund and plans to make quarterly contributions of $47.000 beginning in three months. The fund earns 4%, compounded quarterly. (PV of $1. FV of S1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table Factor" to 4 decimal places and final answers to the nearest whole dollar.) What will be the value of the fund 5 years from now? Table Values are Based on: n eBook Hint Print Present Value Table Factor Future Value Reference Initial Investment Periodic Investments Future Value of Fund

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