A northern California consultingfirm wants to start saving money for replacement of networkservers. If the company invests $5000 at the initial year andfollows by two invested amounts of $3000 at year 3 and year 4. Thenthe amount invested decreases by 5% each year, how much will be inthe account 10 years from now, if it earns interest at a rate of 8%per year?

1- A northern California consulting firm wants to start saving money for replacement of network servers. If the company invests $5000 at the initial year and follows by two invested amounts of $3000 at year 3 and year 4. Then the amount invested decreases by 5% each year, how much will be in the account 10 years from now, if it earns interest at a rate of 8% per year?