A person deposits an annual amount into a savings account that decreases at a constant rate of $ 500 per year. The size of the first deposit made is $ 10,000 and the last one is $ 5,500. If the...


A person deposits an annual amount into a savings account that decreases at a constant rate of $ 500 per year. The size of the first deposit made is $ 10,000 and the last one is $ 5,500. If the savings account earns 15% per year, how large must a constant annual deposit be for the same amount of time so that the accumulated amount is the same? Show the flow chart



Jun 08, 2022
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