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Question 1 of 3 Keith contributed equal deposits at the end of every month for 3 years into an investment fund. He then decided to
Question of
Keith contributed equal deposits at the end of every month for years into an investment fund. He then decided to stop making payments and left the money in the fund to growi for another years. The fund was earning compounded monthly for the entire period and the accumulated amount at the end of the term was $
a Calculate the amount in the fund at the end of years.
Round to the nearest cent
b Calculate the size of the periodic deposits into the fund.
Round to the nearest cent
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