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How much money can be saved over the next 3-years according to the following savings plans? (i.e - how much will be in the plans
How much money can be saved over the next 3-years according to the following savings plans? (i.e - how much will be in the plans at the end of 3-years?) Plan A - $40 at the end of each month earning 9% compounded monthly Plan B - $40 at the end of the first month, $41 at the end of the second month, $42 at the end of the third month, etc. (following the same increasing amount for each of the 36-months), also earning 9% compounded monthly
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