Find the future value of the account at the end

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Question - Betty Ann is saving for retirement. She will deposit $1200 at the end of each year for ten years and $1400 at the end of each year for the next fourteen years into a savings account. Note there are 24 payments in total over the 24 years. The interest rate is 6.6% compounded annually. Find the future value of the account at the end of 24 years. (Draw a diagram to help solve the problem.)

Reference no: EM133269629

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