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Mathematics, 13.09.2021 07:40 rashawng2005
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Question 5, 4.C.21
Part 1 of 2
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Use the savings plan formula to answer the following question.
You put $400 per month in an investment plan that pays an APR of 4.5%. How much money will you have after 15 years? Compare this amount to the total deposits
made over the time period.
waluating After 15 years the investment plan will contain |
(Do not round until the final answer. Then round to the nearest cent as needed.)
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Answers: 1
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