math 34 altoona
Réussis tes devoirs et examens dès maintenant avec Quizwiz!
Each month, Chad deposits $120 into a savings account that pays 2.8% interest compounded monthly. Assuming that he continues these deposits, and that the interest rate stays the same, how much will his deposits have grown to in 13 years?
FV=PMT(1+i)-1 FV=22,549.59