Business, 19.11.2019 04:31 kaylonjohnwell23

To you reach a $5,000 goal in five years from now, your father offers to give you $500 now. you plan to get a part-time job and make five additional deposits, one at the end of each year for 5 years. your first deposit will be made at the end of the first year. if all the money is deposited in a bank that pays 7% interest, how much must your annual deposit be at the end of each year to get $5,000 at the end of 5 years?

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To you reach a $5,000 goal in five years from now, your father offers to give you $500 now. you pla...