Question

If business manager deposits $30,000 in a savings account at the end of each year for twenty years what will be the value of her investment: at a compound rate of 12 percent? at a compounded rate of 18 percent? What would the outcome be in both cases if the deposits were made at the beginning of each year?

Answer 1

http://www.jiskha.com/display.cgi?id=1343056028