Question: Please show the answer using the correct given information, the last answer used the wrong information to answer. 3(20). A fund is stared with 20,000

Please show the answer using the correct given information, the last answer used the wrong information to answer.

Please show the answer using the correct given information, the last answer

3(20). A fund is stared with 20,000 dollars in January 1,2010 . At the end of each year, 1000 dollars is deposited with the final deposit being on midnight December 31, 2019 (just before the year 2020 started). The fund earns 3 percent interest (yearly effective). a. How much is in the fund right at January 1,2020? b. if inflation is as it is recorded on the associated spreadsheet (listed below) Table 1: Inflation. Find the inflation adjusted yield for this account. Feel free to use the spreadsheet. State which approximations/methods/assumptions you are using to adjust for inflation (you will use some judgment here; this is NOT purely "plug and chug". 3(20). A fund is stared with 20,000 dollars in January 1,2010 . At the end of each year, 1000 dollars is deposited with the final deposit being on midnight December 31, 2019 (just before the year 2020 started). The fund earns 3 percent interest (yearly effective). a. How much is in the fund right at January 1,2020? b. if inflation is as it is recorded on the associated spreadsheet (listed below) Table 1: Inflation. Find the inflation adjusted yield for this account. Feel free to use the spreadsheet. State which approximations/methods/assumptions you are using to adjust for inflation (you will use some judgment here; this is NOT purely "plug and chug

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