Question
Marry will begin saving in equal installments of $873 at the end of each month starting 7 years from today (she will make her first
Marry will begin saving in equal installments of $873 at the end of each month starting 7 years from today (she will make her first savings payment 7 years from today). If she can earn interest of 4.27% per year and continues making savings deposits at the end of each month, how much will she have saved in 19 years from today after making her final contribution?
Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals. Enter numerical answers as a positive number rounded to 2 decimal places (###.##)
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