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Home Q & A Board Science-Related Homework Help Mathematics
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jscubs1 jscubs1
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A year ago

Emanuel is going to make annual deposits at the end of each year for the next 22 years. Each year he will increase the size of the deposit by 2% and he starts with an initial amount of $1000. The account earns interest at the rate of 4% compounded annually

  1. How much will be in his account in 22 years?
  2. What is the size of the final deposit?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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nnennennenne
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A year ago
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jscubs1 Author
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A year ago
Thanks for your help!!
Lourd Jenkins
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Yesterday
Thank you, thank you, thank you!
mikey3091
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2 hours ago
Thanks
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