For 16 years, Janet saved $1,100 at the beginning of every month in a fund that earned 4.5% compounded annually. a. What
Posted: Mon Jul 11, 2022 12:04 pm
For 16 years, Janet saved $1,100 at the beginning of every monthin a fund that earned 4.5% compounded annually.
a. What was the balance in the fund at theend of the period?
b. What was the amount of interest earnedover the period?
a. What was the balance in the fund at theend of the period?
b. What was the amount of interest earnedover the period?