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An engineer begins his savings by investing $10,000 five years ago and increased his deposit by $1000 each year, including a deposit today. How much
An engineer begins his savings by investing $10,000 five years ago and increased his deposit by $1000 each year, including a deposit today. How much will be in the account immediately after todays deposit (after a total of 6 deposits), if the account grew at a rate of 12% a year?
From my understanding, I will be using the uniform series present notation ( (P/A, i, n) )
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