Question: The answer is $140,785.64 Please show step by step and formulas used. Problem 32.1 Vanessa invests $5,000 at the end of each of the next

The answer is $140,785.64 Please show step by step and formulas

The answer is $140,785.64

Please show step by step and formulas used.

Problem 32.1 Vanessa invests $5,000 at the end of each of the next 15 years and her invest- ment earns interest at an annual effective rate of 10%. The interest that she receives at the end of each year is reinvested and earns interest at an annual effective rate of 5%. Calculate the accumulated value at time 15 years

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