Determine the accumulated value after 14 years of deposits of $230.00 made at the beginning of every year and eaming interest at 3%, with the payment and compounding intervals the same. The accumulated value is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

Advanced Engineering Mathematics
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ISBN:9780470458365
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Determine the accumulated value after 14 years of deposits of $230.00 made at the beginning of every year and earning interest at 3%, with the payment and
compounding intervals the same..
The accumulated value is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Transcribed Image Text:K Determine the accumulated value after 14 years of deposits of $230.00 made at the beginning of every year and earning interest at 3%, with the payment and compounding intervals the same.. The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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