You invest 1094 at the beginning of every year and your


You invest $1,094 at the beginning of every year and your friend invests $1,094 at the end of every year. If you both earn an annual rate of return of 14.00%.

a) How much will you have in your account after 30 years?

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

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Financial Management: You invest 1094 at the beginning of every year and your
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