A new graduate wants to deposit $$150$ per month into an account earning $4$ percent for the next $3$ years so he can purchase a used car at that time. Whal

type of computation would he use to determine the amount he will have accumulated for his purchase?

Muliple Chaice

Present value of an annuily

Fiture value of an aanuily

Future value of is singe amouni

Simple interest

Fresent walue of a bingle amwith