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You Deposit $1200 today in an account guaranteeing 10%

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January 7th, 2018

You Deposit $1200 today in an account guaranteeing 10% interest that compounds monthly for 10 years. You invest another $1200 at the beginning of year 5 that compounds monthly 10% interest for 5 years. In addition, you deposit $50 each month for first 6 years beginning at the end of the month (also compounded monthly at 10% annually). what will the value of your money be in 10 years? include a cash-flow diagram.

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