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For the last 10 years Eduardo has been saving $360.00 at the start of every week. The interest rate is 3.500% compounded monthly. If Eduardo
For the last 10 years Eduardo has been saving $360.00 at the start of every week. The interest rate is 3.500% compounded monthly. If Eduardo stops making deposits now, how much money will he have at the end of 5 more years.
a.
X = $290,983.34.
b.
X = $282,974.62.
c.
X = $224,156.18.
d.
X = $266,957.19.
e.
None of the other answers is correct.
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