Question: A self-employed painter has contributed $3650.00 each year for the past 8 years into a savings account earning 6.93% interest compounded annually. If the painter

A self-employed painter has contributed $3650.00 each year for the past 8 years into a savings account earning 6.93% interest compounded annually. If the painter leaves his accumulated contributions for another 5 years (without making any further deposits) in the savings account at the same rate of interest, how much interest will the account have earned in each Period end.

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