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Lee Wills loaned Audrey Chin $16,500 to open Snip Its Hair Salon. After 4 years,...

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Accounting

Lee Wills loaned Audrey Chin $16,500 to open Snip Its Hair Salon. After 4 years, Audrey will repay Lee with 6% interest compounded quarterly.
How much will Lee receive at the end of 4 years? (Use the Table provided.)
Note: Do not round intermediate calculations. Round your answer to the nearest cent.
Answer is complete but not entirely correct.
\table[[Future value,$21,953.56
image

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