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How much would be in the account

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Problem - At the end of each of the past 14 years, Vanessa deposited $450 in an account that earned 8 percent compounded annually.

Required -

(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?

Reference no: EM132697249

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