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Cam saved $210 each month for the last 6 years while he was working. Since he was gone back to school, his income is lower
Cam saved $210 each month for the last 6 years while he was working. Since he was gone back to school, his income is lower and he cannot continue to share this amount during time he is studying. He plans to continue with his studies for 2 years and not withdraw any money from his savings account. Money is wotth 5.7% compounded annually.
a) How much will Cam have in total in his savings account when he finishes studies?
b) How much did he contribute?
C) How much will be interest?
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