Carol Green established a savings account for her son's college education by making annual deposits...
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Carol Green established a savings account for her son's college education by making annual deposits of $14,000 at the beginning of each of 6 years to a savings account paying 12%. At the end of the 6 year, the account balance was transferred to a bank paying 15%. and annual deposits of $14,000 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, eg. 1.25124 and final answer too decimal places, eg. 458,581.)
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