sahil sachdeva\

(11)/(28)/235:29

PM\ rdinary Simple\ Question 4, 11.2.11\ HW Score:

52.22%,23.5

of 45 points\ Part 1 of 3\ Points: 0 of 1\ Cam saved

$190

each month for the last four years while he was working. Since he has now gone back to school, his income is lower and he cannot continue to save this amou during the time he is studying. He plans to continue with his studies for four years and not withdraw any money from his savings account. Money is worth

3.6%

compounded mor\ (a) How much will Cam have in total in his savings account when he finishes his studies?\ (b) How much did he contribute?\ (c) How much will be interest?\ (a) The future value is

$

\ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Cam saved $190 each month for the last four years while he was working. Since he has now gone back to school, his income is lower and he cannot continue to save this amou during the time he is studying. He plans to continue with his studies for four years and not withdraw any money from his savings account. Money is worth 3.6% compounded mor (a) How much will Cam have in total in his savings account when he finishes his studies? (b) How much did he contribute? (c) How much will be interest? (a) The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)