Question: You deposit $ 3 , 0 0 0 in an account today earning 8 % per year. Five years from today, you make another deposit.

You deposit $

3, 000

in an account today earning

8 %

per year. Five years from today, you make another deposit. After

20

total years from today, you have $

109, 147.94

in the account. What was the amount of that deposit at the end of year five? Round to the nearest dollar, use the $ symbol and comma if necessary....should look like $

15, 000

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