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Use the following formula. nt P -1 n A= Suppose that you drive 30,000 miles per year and gas averages $4 per gallon. Complete parts

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Use the following formula. nt P -1 n A= Suppose that you drive 30,000 miles per year and gas averages $4 per gallon. Complete parts a. and b. below $9,333 (Round to the nearest dollar as needed.) b. If you deposit your monthly fuel savings at the end of each month into an annuity that pays 5.2% compounded monthly, how much will have saved at the end of six years? (Round to thenearest dollar as needed.) C Use the following formula. nt P -1 n A= Suppose that you drive 30,000 miles per year and gas averages $4 per gallon. Complete parts a. and b. below $9,333 (Round to the nearest dollar as needed.) b. If you deposit your monthly fuel savings at the end of each month into an annuity that pays 5.2% compounded monthly, how much will have saved at the end of six years? (Round to thenearest dollar as needed.) C

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