A man deposits $50 into a fund today.The fund pays j₄ = 6%.Three months later,he deposits $80 into the fund and every three month period after that he increases his deposit by $30 until he has made a total of 80 deposits.How much is in his fund at the time of his 80^th deposit? (Answer to nearest dollar. )

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The Answer of A man deposits $50 into a fund today.The fund pays j₄ = 6%.Three months later,he deposits $80 into the fund and every three month period after that he increases his deposit by $30 until he has made a total of 80 deposits.How much is in his fund at the time of his 80^th deposit? (Answer to nearest dollar. )

A Man Deposits $50 into a Fund Today