Kelly Malone plans to have $52 withheld from her monthly paycheck and deposited in a...
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Accounting
Kelly Malone plans to have $52 withheld from her monthly paycheck and deposited in a savings account that earns 12% annually, compounded monthly. If Malone continues with her plan for two and one-half years, how much will be accumulated in the account on the date of the last deposit? (PV of $1, FV of $1, PVA of $1, and FVA of $1)
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