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9. [4 marks] You make deposits at the end of every 3-months into a fund earning interest at i(4) = 8%. The first deposit is

9. [4 marks] You make deposits at the end of every 3-months into a fund earning interest at i(4) = 8%. The first deposit is $500 and each succeeding deposit is 5% less than the preceding deposit. How much have you accumulated at the time of the 20th deposit

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