Deposits were made at the beginning each year

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Reference no: EM131853819

At the end of each of the past 14 years, Vanessa deposited $450 in an accountthat earned 8 percent compounded annually. (a) How much is in the account today? (b) How much would be in the account if the deposits were made at the beginning each year rather than at the end of each year? Please show hand written work, no excel or charts.

Reference no: EM131853819

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