Recently, More Money 4U offered an annuity that pays 5.6% compounded monthly. If $ 2,022 is deposited into this annuity every
month, how much is in the account after 9 years? How much of this is interest? Type the amount in the account: $
(Round to the nearest dollar.)
Type the amount of interest earned: $
(Round to the nearest dollar.)
Please show me how to find the answers, don't just give it to me. I'd like to know how to solve this question. Thank you!
We've hit on a case where a measure of center does not provide all the information spread or variability there is in month-to-month precipitation. based on how busy each month has been in the past, lets managers plan