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Five annual deposits in the amounts of $14,000, $12,000, $10,000, $8,000, and $6,000, in that order, are made into a fund that pays interest at
Five annual deposits in the amounts of $14,000, $12,000, $10,000, $8,000, and $6,000, in that order, are made into a fund that pays interest at a rate of 9% compounded annually. Determine the amount in the fund immediately after the fifth deposit. Click the icon to view the interest factors for discrete compounding when i-9% per year Immediately after the fifth deposit there will be Sin the account. (Round to the nearest dollar.)
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