What was the account balance at the end of specific year

Reference no: EM13122534

Meg salon established a savings account for her son's college education by making annual deposits of $8,000 at the beginning of each of six years to a saivings account paying 8$. At the end of the sixth year, the account balance was transferred to a bank paying 10%, and annual deposits of $80,000 were made at the end of each year from the seventh through the tenth years. what was the account balance at the end of the tenth year?

Reference no: EM13122534

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