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gavmur [86]
4 years ago
6

Matt is saving to buy a new motorcycle. If he deposits ​$45 at the end of each month in an account that pays an annual interest

rate of 2.5​%, how much will he have in 36
​months? Assume that the compounding is being done monthly.
Mathematics
1 answer:
Yakvenalex [24]4 years ago
3 0
1660.5 because 45*12=540+2.5%=553.5+553.5+553.5=1660.5
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