Mathematics, 09.04.2021 19:30 davisz23
Amelia deposits $470 every month into an account earning a monthly interest rate of
0.45%. How much would she have in the account after 35 months, to the nearest
dollar? Use the following formula to determine your answer.
A=d(1 + +i)" - 1
i
A = the future value of the account after n periods
d = the amount invested at the end of each period
i = the interest rate per period
n = the number of periods
Answers: 1
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Amelia deposits $470 every month into an account earning a monthly interest rate of
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