1

2

3

How much did Alexandra deposit every month in her savings account if she had $8,000 after 27 month-end deposits? The money in her savings account was growing at 3.77% compounded monthly. Kenneth's retirement fund has an accumulated amount of $50,000. If it has been earning interest at 2.51% compounded monthly for the past 21 years, calculate the size of the equal payments that she deposited at the beginning of every 3 months. You plan to save money for a down payment of $41,000 to purchase an apartment. You can only afford to save $1,250 at the end of every quarter into an account that earns interest at 4.28% compounded annually. How long will it take you to save the planned amount