Five annual deposits in the amounts of 10000 8000 6000 4000


Five annual deposits in the amounts of $10,000, $8,000, $6,000, $4,000, and $2,000, in that order, are made into a fund that pays interest at a rate of 8% compounded annually. Determine the amount in the fund immediately after the fifth deposit.

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Business Economics: Five annual deposits in the amounts of 10000 8000 6000 4000
Reference No:- TGS01352298

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