Question: This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question

This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question 1 (1 point) You plan to buy a house in 6 years and decide to place the same amount of money on your saving account every year. What is the accumulated sum of the following stream of payments? $15,890 every year at the beginning of the year for 6 years, at 6.92 percent, compounded annually. Round the answer to two decimal places

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