Calculate the accumulated value in the account just after, Financial Management

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Calculate the accumulated value in the account just after

Drew deposits 50 at the end of the month into a savings account, He will increase this contribution by 2% each month for the next month and the following until he has made 24 deposits. He will then hold the deposits level for the following 24 months. Calculate the accumulated value in the account just after the last(48th) monthly deposit, the annual nominal interest rate is 3.5%, convertible monthly.

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Financial Management: Calculate the accumulated value in the account just after

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