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(1 point) Annual deposits are made into a fund at the beginning of each year for 10 years. The first 5 deposits are $1050 each

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(1 point) Annual deposits are made into a fund at the beginning of each year for 10 years. The first 5 deposits are $1050 each and deposits increase by 3% per year thereafter. If the fund earns 12.4% effective, find the accumulated value at the end of 10 years. ANSWER -$

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