Question: Let the letters A, B, C, D, E and F be represented as follows: A= the PV of a lump-sum F=FV of an annuity B=FV

Let the letters A, B, C, D, E and F be represented as follows: A= the PV of a lump-sum F=FV of an annuity B=FV of a lump-sum C=PV of an annuity For each of the following problems, (I). D= Installment payment E= Sinking fund payment solution; (III), Find the answer to the question. If $2,000 is deposited quarterly into an account that earns 5% annual interest, how much will be in the account after 8 years?

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