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Correct answers a)Future immediate b)60 payments monthly c)payment $113 d)0.336% e)$7497.52 Please show how u got d and e Tamara is saving up to go
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Tamara is saving up to go to the 2026 Olympics in ltaly. She will make monthly deposits of $113.00 at the end of every period for 5 years. The interest rate is r(52)=4.025%. How much will she have at the end of 5 years? a) This question deals with the value of an annuity b) There will be payments. The payment period is c) The payment amount is $ d) The effective interest rate per period is % e) The present/future value is 4 a)Future immediate
b)60 payments monthly
c)payment $113
d)0.336%
e)$7497.52
Please show how u got d and e
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