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Use the savings plan formula to answer the following question. You put $350 per month in an investment plan that pays an APR of 3.5%.

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Use the savings plan formula to answer the following question. You put $350 per month in an investment plan that pays an APR of 3.5%. How much money will you have after 24 years? Compare this amount to the total deposits made over the time period. After 24 years the investment plan will contain $ (Do not round until the final answer. Then round to the nearest cent as needed.) The total deposits made over the time period is $ (Type a whole number.)

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