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A man deposits $11,000 at the beginning of each year for 11 years in an account paying 7% compounded annually. He then puts the total
A man deposits $11,000 at the beginning of each year for 11 years in an account paying 7% compounded annually. He then puts the total amount on deposit in another account paying 8% compounded semiannually for another 7 years. Find the final amount on deposit after the entire 18-year period. He will have a final amount of $ after the entire 18-year period. (Simplify your answer. Do not round until the final answer. Then round to the nearest cent as needed.)
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