Score: 0 of 1 pt 11 of 18 (8 complete) HW Score: 36.36%, 8 o X 8.4.37 Question Help Kristy Joe deposits $150 each month in an ordinary annuity to save for a new car. If the annuity pays a monthly interest rate of 0.96%, how much will she be able save in 4 years? Assume that the compounding is being done monthly. She will be able to save $ | in 4 years. (Round to the nearest cent as needed.) View an Example Question Kristy Joe deposits $100 each month in an ordinary annuity to save for a new car. If the annuity a monthly interest rate of 1.12%, how much will she be able to save in 6 years? Assume that the compounding is being done monthly. Assume that n regular payments, R, are being made into an ordinary annuity. The interest is be compounded m times a year and deposits are made at the end of each compounding period. Th future value (or amount), A, of this annuity at the end of the n periods is given by the equation be 1 + A=R m m Press Continue to see more. Enter your answer in the answer box and then click Check Al 9 parts remaining Continue Com e All parts showing