Year | Deposit | FVIF at 6% | FV at 6% |
1 | $ 9,000 | 1.2625 | $ 11,363 |
2 | $ 7,000 | 1.1910 | $ 8,337 |
3 | $ 5,000 | 1.1236 | $ 5,618 |
4 | $ 3,000 | 1.0600 | $ 3,180 |
5 | $ 1,000 | 1.0000 | $ 1,000 |
Amount in the fund after the 5th deposit | $ 29,498 |
$5,000, $3.000, and $1.000, inthat order, are made into a fur d that paysnmtataratoof6% ompounded an...