Question:
A man deposits 14 000 at the beginning of each year for 10
Last updated: 4/25/2023
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A man deposits 14 000 at the beginning of each year for 10 years in an account paying 5 compounded annually He then puts the total amount on deposit in another account paying 6 compounded semiannually for another 9 years Find the final amount on deposit after the entire 19 year period He will have a final amount of after the entire 19 year period Simplify your answer Do not round until the final answer Then round to the nearest cent as needed