# A woman deposits 11 000 at the end of each year for 6 years

Last updated: 11/16/2023

A woman deposits 11 000 at the end of each year for 6 years in an account paying 7 interest compounded annually a Find the final amount she will have on deposit b Her brother in law works in a bank that pays 6 compounded annually If she deposits money in this bank instead of the other one how much will she have in her account c How much would she lose over 6 years by using her brother in law s bank a She will have a total of on deposit Simplify your answer Round to the nearest cent as needed b She will have a total of on deposit in her brother in law s bank Simplify your answer Round to the nearest cent as needed c She would lose Simplify your answer over 6 years by using her brother in law s bank Round to the nearest cent as needed