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Janet wants to save up $14400 for a vacation she plans to take. She can afford to deposit $288.00 at the end of each month
Janet wants to save up $14400 for a vacation she plans to take. She can afford to deposit $288.00 at the end of each month in an account earning 6.25% compounded monthly. a. Find the number of full deposits of $288.00 she will need to make to the account. full deposits b. Find the size of the smaller concluding deposit at the end of the next month required to meet her $14400 goal. If no final deposit is required enter 0.
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