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Beginning today and continuing for 13 more years, you deposit $5,000 per year in an account; beginning the year after the last $5,000 deposit you
Beginning today and continuing for 13 more years, you deposit $5,000 per year in an account; beginning the year after the last $5,000 deposit you deposit $7,000 per year for 15 years. After the last deposit, you let the balance in the account compound for 6 more years before you withdraw the total amount. How much will be in the account at the time you withdraw the total amount? (Assume a 10% discount or compounding rate and that cash compounds annually.)
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