Suppose you make 5 annual deposits of 1000 in a savings, Financial Management

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Suppose you make 5 annual deposits of 1000 in a savings

Suppose you make 5 annual deposits of $1,000 in a savings account paying 6% compounded annually. The deposits are made at the beginning of each year. What amount would be in your account in Year 5? Show your work in excel using the excel functions. Show your answer to 2 decimal points. Please post the image not the file.

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Financial Management: Suppose you make 5 annual deposits of 1000 in a savings

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Financial Management: Suppose you make 5 annual deposits of 1000 in a savings

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