Problem 3-23 (algorithmic) What is the future worth of a series of equal year-end deposits...
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Problem 3-23 (algorithmic) What is the future worth of a series of equal year-end deposits of $2,800 for 14 years in a savings account that earns 10% annual interest if the following were true? (a) All deposits are made at the end of each year? (b) All deposits are made at the beginning of each year? Click the icon to view the interest factors for discrete compounding when i-10% per year. (a) The future worth of a series of equal year-end deposits made at the end of each year is s (Round to the nearest dollar.)
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