Five annual deposits in the amounts of ​$14,000​, $13,000​,​$12,000​, $11,000​, and $10,000​, in that​ order, are made into a fund that pays interest at a rate of 9​% compounded annually. Determine the amount in the fund immediately after the fifth deposit. Immediately after the fifth deposit there will be​ $ ()in the account. ​(Round to the nearest​ dollar.)

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EXPERT ANSWER

Determine the amount in the fund immediately after the fifth deposit

=14000*1.09^4+13000*1.09^3+12000*1.09^2+11000*1.09^1+10000

=72844.72 or 72845

the above is the answer