[Solved] Parson deposits $1,000 into a savings acc

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Parson deposits $1,000 into a savings account. Every three years, he makes a deposit. Each deposit is 10% greater than the previous deposit. If the

Parson deposits $1,000 into a savings account. Every three years, he makes a deposit. Each deposit is 10% greater than the previous deposit. If the interest rate applied is 5%, how much will Parson have saved after 20 years? (HAS TO BE IN EXCEL)

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