Sean and sarah spend $70 a month eating out how much money would they have after 15 years if they invested the money instead at 4 percent compounded monthly round your answer to the nearest hundredth

Future Value= $17,170.12

Step-by-step explanation:

Giving the following information:

Monthly deposit (A)= $70

Interest rate (i)= 0.04/12= 0.0033

Number of periods (n)= 15*12= 180 months

To calculate the future value (amount saved), we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {70*[(1.0033^180) - 1]} / 0.0033

FV= $17,170.12

whatever you can spend with $11.53 or under.

step-by-step explanation:

20 - 8.47 = 11.53. take away the money he used for lunch from the starting amount of 20.

wth is with the little mtn top and what are you talking about like fix your words and accually make sence with them and i like was in a completly different question like three times like it seems like your ilitteret