Answer:
123 456 789 10 11 12 1 3 1 4 1 5 1 5
Step-by-step explanation:
Answer:
$2,221.6 monthly
Step-by-step explanation:
A = P(1 + r)^n
A is the total amount I intend to save = $15,000
r is the yearly interest rate = 3.6% = 0.036
n is the duration to achieve my goal = 4 and 1/2 years = 54 months
15,000 = P(1 + 0.036)^54
15,000 = P(1.036)^54
P = 15,000/6.752 = 2,221.6
I need to put $2,221.6 into the savings account monthly
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