Question: Calculations and the equations used to solve this question will be best thank you! An account earning a 5% annual effective rate has a current

Calculations and the equations used to solve this question will be

Calculations and the equations used to solve this question will be best thank you!

An account earning a 5% annual effective rate has a current balance of 6,000. If a deposit of 1,500 is made at the end of each year for 20 years, what will be the account balance at the end of 20 years

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