Cathy May deposits $15,000 at the end of each year for 10 years in an account paying 8% compounded annually. She then puts the total amount on deposit in another account paying 9% compounded semiannually for another 12 years. Find the final amount on deposit after the entire 22-year period. Round your answer to the nearest cent. 2) A certain ball when dropped from a height rebounds 10 of the original height. How high will the ball rebound after the fifth bounce if it was dropped from a height of 32 feet? Round your answer to the nearest tenth of a foot. 3) A woman borrowed $20,000 at 8% interest compounded annually. If the loan was paid off at the end of 5 years, how much did she pay? Round your answer to the nearest cent. 4) A man borrowed $3000 at 10% interest compounded annually. If he paid off the loan in full at the end of 6 years, how much did he pay? 

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Cathy Mays Deposit Cathy deposits 15000 annually for 10 years We need to find the total amount after ... View the full answer