Question:
Current Attempt in Progress Pleasant Company has decided to
Last updated: 4/24/2023
Current Attempt in Progress Pleasant Company has decided to begin accumulating a fund for plant expansion The company deposited 80 000 in a fund on January 2 2018 Pleasant will also deposit 40 000 annually at the end of each year starting in 2018 The fund pays interest at 4 compounded annually Click here to view the factor table What is the balance of the fund at the end of 2022 after the 2022 deposit For calculation purposes use 5 decimal places as displayed in the factor table provided Round answer to 2 decimal places eg 52 75 Fund balance