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I need help with multiple finance question. I am wondeirng if you guys could help. Question1) A student would like to take a trip to
I need help with multiple finance question. I am wondeirng if you guys could help.
Question1)
A student would like to take a trip to europe in two years when he gradutates from college. He has 900 dollars in a savings account and he plans to add 30 dollars per moth starting immediately. The savings account pays a nominal annual rate of 2% compounded monthly. How much will the sutdent have in savings at the end of 2 years.
1660.25
1683.15
1670.06
1671.89
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