Business, 20.08.2021 02:20 kayleegeise
Starr Company decides to establish a fund that it will use 10 years from now to replace an aging production facility. The company will make a $100,000 initial contribution to the fund and plans to make quarterly contributions of $50,000 beginning in three months. The fund earns 12%, compounded quarterly. (PV of $1. EV of S1, PVA of S1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimals.)
What will be the value of the fund 10 years from now?
Table Values are Based on:
n =
i =
Present Value Table Factor Future Value
Initial Investment
Periodic Investments
Future Value of Fund
Answers: 1
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