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A woman deposits $ 1 4 , 0 0 0 at the end of each year for 9 years in an account paying 6 %
A woman deposits $ at the end of each year for years in an account paying interest compounded annually.
a Find the final amount she will have on deposit.
b Her brotherinlaw works in a bank that pays compounded annually. If she deposits money in this bank instead of the other one, how much will she have in her account?
c How much would she lose over years by using her brotherinlaw's bank?
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