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b) At the end of five years, how much is an initial $500 deposit followed by five year- end, annual $100 payments worth, assuming a

b) At the end of five years, how much is an initial $500 deposit followed by five year- end, annual $100 payments worth, assuming a compound annual interest rate of (i) 10%? (ii) 5%? [6 pts] c) At the end of six years, how much is an initial $500 deposit followed by five year- end, annual $100 payments worth, assuming a compound annual interest rate of (i) 10%? (ii) 5%? [6pts]

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