Veronica plans to make a $95 a month annuity payment to an account that earns 3% annual interest to build up her savings. How much can she save in 10 years with this plan?
A 7,122.49
B 13,275.43
C 21,846.27
D 38,960.76

A. 13,275.43

Step-by-step explanation:

Given the principal as $95, annual rate as 3% and term of the annuity as10yrs/

#First we determine the effective rate per payment period

# Annuity formula is given as:

Hence, Veronica needs to save $13,275.43

goog may have it for you

y-y1=4(x-x1)

step-by-step explanation:

this is point-slope form since you only have 4 as the slope it goes in place of m

hope this : )