Question: please provide the steps 5. (4 Marks) Jane deposits $1000 at the end of each year for 5 vears, and then S2000 at the end
please provide the steps
5. (4 Marks) Jane deposits $1000 at the end of each year for 5 vears, and then S2000 at the end of each year for 7 more years. What is the accumulated value of all the deposits at the end of 12 years). The interest rate is 3% compounded annually for the first 4 years and then 4% compounded annually for the last 8 years
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