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Jan Green established a savings account for her son's college education by making annual deposits of $6,000 at the beginning of each of six years
Jan Green established a savings account for her son's college education by making annual deposits of $6,000 at the beginning of each of six years to a savings account paying 8%. At the end of the sixth year, the account balance was transferred to a bank paying 10%, and annual deposits of $8,000 were made at the end of each seventh through the tenth years.
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