Question:
A man deposits 10 000 at the beginning of each year for 15
Last updated: 12/12/2022
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A man deposits 10 000 at the beginning of each year for 15 years in an account paying 7 compounded annually He then puts the total amount on deposit in another account paying 9 compounded semiannually for another 14 years Find the final amount on deposit after the entire 29 year period He will have a final amount of after the entire 29 year period Simplify your answer Do not round until the final answer Then round to the nearest cent as needed