Question: Question 5 You make a deposit for $5.000 for 10 years at the beginning of the first year followed by a deposit of a $1,000

 Question 5 You make a deposit for $5.000 for 10 years

Question 5 You make a deposit for $5.000 for 10 years at the beginning of the first year followed by a deposit of a $1,000 for every year that follows with the return rate of 2.15%. What is the outcome? Provide a detail year by year calculation, and then provide the EXCEL functions that gives you the same result. At the same time your friend deposits the same amount for the same time period, except the deposit is at the end of the year. Provide again the detail annual calculation and the EXCEL function that verifies your finding Discuss why there is a difference and who has a monetary advantage and why in details

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