If Mr. Hobbit deposits $2,000 at the end of each year for the next 10 years at an interest rate of 12% per year, how much will be have accumulated?
If Mr. Hobbit deposits $2,000 at the end of each year for the next 10 years at an interest rate of 12% per year, how much will be have accumulated? How much will he have accumulated if he deposited the amounts at the beginning of each year?
