In Problems 20-52: a. State the type; and (mathbf{b}). Answer the question. What deposit today is equal

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In Problems 20-52:

a. State the type; and \(\mathbf{b}\). Answer the question.

What deposit today is equal to 33 annual deposits of \(\$ 500\) into an account paying \(2 \%\) compounded annually?

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