Question:

Amir deposits $15,000 at the beginning of each year for 15

Last updated: 7/9/2022

Amir deposits $15,000 at the beginning of each year for 15

Amir deposits $15,000 at the beginning of each year for 15 years in an account paying 5% compounded annually. He then puts the total amount on deposit in another account paying 9% compounded semiannually for another 12 years. Find the final amount on deposit after the entire 27-year period. The final amount on deposit after the entire 27-year period is