Question: with specific formula and explaination plz 24. Tom has served in the Navy for 21 years and plans to retire sometime in the future. Every

with specific formula and explaination plz

24. Tom has served in the Navy for 21 years and plans to retire sometime in the future. Every three years he has received a re-enlistment bonus and deposited a certain dollar amount, X, in an account for when he retires. After making his current deposit, the value of his accqunt is $180,176. Assuming an annual effec- tive interest of 9%, what were his tri-annual deposits? Ansuwer: X =10,405.00

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