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You open a new account. You pay money into an account with a 10% interest rate using the following payment cash flow (based on values
You open a new account. You pay money into an account with a 10% interest rate using the following payment cash flow (based on values at the end of the year). How much is the account worth in Year 6 (based on value at the end of the year)? 0 1 2. 3 4 5 $5,000 $7,500 $7,500 $12,500 $12,500 Please type in your answer to the nearest dollar. Please enter only the number (do not include any dollar signs)
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