Future Value with Periodic Rates. Matt Johnson delivers newspapers and is putting away $20 at the end of each month from his paper route collections. Matt is 11 years old and will use the money when he goes to college in 7 years. What will be the value of Matt's account in 7 years with his monthly payments if he is earning 6% (APR), 9.5% (APR), or 14.5% (APR)?

What will be the value of Matt's account in 7 years with his monthly payments if he is earning 6% (APR)?

Save S apter Homework Score: 0 of 1 pt HW Score: 58.33%, 7 of 12 pts 4 of 12 (7 complete) P5-7 (similar to) Question Help Future value with periodic ranes Mall Johson delivers newpapers and is putting way 20 at the end of each month bo Mat's account in 7 years with he monthy payments d he is eaming 6% (APR 95% (APR), or 14 5% (APR Mall is 11 years okd and will use the oey when he goes to colege n yars What w be the vae of1 hs paper roue coections What will be the vale of Mat's account in 7 years with hes monthly payments t he is oamng 6% (APR (Round to the nearest cent)