Question: DO NOT USE EXCEL pls write down clearly step by step by hand and use formula 4. Find the accumulated value of 8 annual deposits

DO NOT USE EXCEL pls write down clearly step by step

DO NOT USE EXCEL

pls write down clearly step by step by hand

and use formula

4. Find the accumulated value of 8 annual deposits of $590 one year after the last deposit, at an effective annual interest rate of 3%

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