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Future value with periodic rates. Matt Johnson delivers newspapers and is putting oway 515 at the end of each monti from his paper foute colections.

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Future value with periodic rates. Matt Johnson delivers newspapers and is putting oway 515 at the end of each monti from his paper foute colections. Matt is 9 years old and wil use the money When the goes to college in 9 years. What will be the value of Matts abcount in 9 years with his monthly payments if he is eaming 65% (APR), 8% (APR), or 14.5% (APR)? What wil bo the velue of Matts account in 9 years with tis monthey payments if he is eaming 6.5% (APR)? (Reund ta the nearest cent.)

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