Five annual deposits in the amounts of 7500 6000 4500 3000


Five annual deposits in the amounts of $7,500, $6,000, $4,500, $3,000, and $1,500, 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 7500 6000 4500 3000
Reference No:- TGS01189277

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