Question $10$

Consider the following schedule: number of years $=10$; annual interest rate $10\%$

Annusal withdrawal of $$500$ for ten years

Deposit of $1,000$ at year $2$

Annual deposits of $2000$ from years $6$ through ten

What is the equivalent present worth of the above schedule?

$P=3459$

$P=1656$

$P=2890$

$P=2461$