Question
You have decided to place $606 in equal deposits every month at the beginning of the month into a savings account earning 10.54 percent per
You have decided to place $606 in equal deposits every month at the beginning of the month into a savings account earning 10.54 percent per year, compounded monthly for the next 3 years. The first deposit is made today. How much money will be in the account at the end of that time period?
Round the answer to two decimal places.
Your Answer:
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
