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Future value with periodic rates. Mot Johnson delivers newapopens and is putiling away 345 of the ond of each quarter from his paper roule collections.

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Future value with periodic rates. Mot Johnson delivers newapopens and is putiling away 345 of the ond of each quarter from his paper roule collections. Matt is 12 years old and wil use the money when he goes to college in 6 years. What will be the value of Matrs account in 6 years with his quarterty payments if he is earning 5% (APR), 9.5%, (APR), or 14% (APR)? What will be the value of Maifs account in 6 years who his quarefly payments if he is earring 5% (NPR)? (Found to the nearest cent)

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