You invest $4970 at the beginning of every year and your friend invests $4970 at the end

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You invest $4970 at the beginning of every year and your friend invests $4970 at the end of every year. You both earn an annual rate of return of 14.00%.

a) How much will you have in your account after 11 years?

b) How much will your friend have in his account after 11 years?

Posted Date: Jul 11, 2024 02:05 PM

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You invest $4970 at the beginning of every year and your friend invests $4970 at the end

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