In Problems 20-52: a. State the type; and (mathbf{b}). Answer the question. What deposit today is equal
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In Problems 20-52:
a. State the type; and \(\mathbf{b}\). Answer the question.
What deposit today is equal to 33 annual deposits of \(\$ 500\) into an account paying \(2 \%\) compounded annually?
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