The Masterson family is setting up a vacation fund,and they plan on depositing $1,000 per quarter in an investment that will pay 12% annual interest.What amount will they have available for their vacation at the end of 2 years? (PV of $1,FV of $1,PVA of $1,and FVA of $1)$\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$
A)$8,000.00
B)$8,960.00
C)$8,892.30
D)$8,240.00
E)$8,487.20

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The Answer of The Masterson family is setting up a vacation fund,and they plan on depositing $1,000 per quarter in an investment that will pay 12% annual interest.What amount will they have available for their vacation at the end of 2 years? (PV of $1,FV of $1,PVA of $1,and FVA of $1)$\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$
A)$8,000.00
B)$8,960.00
C)$8,892.30
D)$8,240.00
E)$8,487.20

The Masterson Family Is Setting Up a Vacation Fund,and They (Use appropriate factor(s)from the tables provided.)\bold{\text{(Use appropriate factor(s)from the tables provided.)}}(Use appropriate factor(s)from the tables provided.)

The Masterson Family Is Setting Up a Vacation Fund,and They $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$