Question

pounded quarterly a. What will be the balance in her ac To Finance a Vacation in 4 years, Margo saves $530 at the begenning of the every month in an account paying interest at 3.9% compounded quarterly a. What will be the balance in her account when he takes the vacation? [4 marks] b. How much of the balance will be an interest? [2 marks] c. If she waits an additional year to start her vacation, continues to save the same amount of money, how much more money does she have to spend count when he takes the vacation? [4 marks] b. How much of the balance will be an interest? [2 marks] c. If she waits an additional year to start her vacation, continues to save the same amount of money, how much more money does she have to spend

Answer 1

i got this question too as my homework it so hard ill let you know if i find out the answer.