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You are the winner of a lottery that pays a quarterly cash payment of $5000 to youfor the next 5years. You decide that the funds

You are the winner of a lottery that pays a quarterly cash payment of $5000 to youfor the  next 5years.  You  decide  that  the  funds  should  be  paid directly  into  a  cash management trust held with an investment bank. The account is expected to earn5per cent per annum, compounded quarterly. 



What will be the accumulated value of the cash management trustat the end of the 5years?

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