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On january 1, 2014, alan king decided to deposit $58,800 in a savings account that will provide funds four years later to send his son to college. the savings account will earn 8 percent, which will b
On january 1, 2014, alan king decided to deposit $58,800 in a savings account that will provide funds four years later to send his son to college. the savings account will earn 8 percent, which will be added to the fund each year-end. (fv of $1, pv of $1, fva of $1, and pva of $1) (use the appropriate factor(s) from the tables provided.) required: 1. how much will be available in four years?