A company deposits 2000 in a bank at the end of every year


A company deposits $2000 in a bank at the end of every year for ten years. The company makes no deposits during the subsequent five years. If the bank pays 18 percent interest, how much would be in the account at the end of 15 years?

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Microeconomics: A company deposits 2000 in a bank at the end of every year
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