Question: Solve the problems below. Be sure to show your work. If you use the formula, be sure to write it out a long with each

Solve the problems below. Be sure to show your work. If you use the formula, be sure to write it out a long with each step.

Serena Williams deposits $1,500 into an account at the beginning of each year. If she earns 5%, compounded annually, how much will the account be worth in 17 years?

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