Question: please solve the problem. You will make a continuous deposit of $3,000 a year into a bank account for 3 years, starting from today. The

please solve the problem. please solve the problem. You will make a continuous deposit of $3,000

You will make a continuous deposit of $3,000 a year into a bank account for 3 years, starting from today. The bank credits a 4% annual effective interest rate. Calculate the accumulated value 3 years from now. Round the answer to the nearest dollar. (Hint: AV accumulates 3 years of interest on PV.)

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