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Testbank Problem 147 Donna Green established a savings account for her son's college education by making annual deposits of $14,500 at the beginning of each
Testbank Problem 147 Donna Green established a savings account for her son's college education by making annual deposits of $14,500 at the beginning of each of 6 years to a savings account paying 8%. At the end of the 6 year, the account balance was transferred to a bank paying 11%, and annual deposits of $14,500 were made at the end of each year from the 7 through the 10 years. Click here to view factor tables What was the account balance at the end of the 10th year? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount at the end of 10 year Open Show Work Click if you would like to Show Work for this
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