Mathematics, 15.04.2020 03:19 Vishal123180
A man deposits $16 comma 000 at the beginning of each year for 16 years in an account paying 5% compounded annually. He then puts the total amount on deposit in another account paying 8% compounded semiannually for another 8 years. Find the final amount on deposit after the entire 24-year period.
Answers: 3
at the beginning of each year for 
years in an account paying 
compounded annually. He then puts the total amount on deposit in another account paying 
compounded semiannually for another 
years. 
-year period.
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A man deposits $16 comma 000 at the beginning of each year for 16 years in an account paying 5% comp...
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