Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Matt is saving to buy a new motorcycle. If he deposits ​$55 at the end of each month in an account that pays an annual interest rate of 4.5​%, how much will he have in 30 ​months? Assume that the compounding is being done monthly.

Sagot :

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.