Matt could do one of the following arrangements;
2 rows of 8 CDs
4 rows of 4 CDs
That is an annuity and use the attached formula.
Total = 300 * [(1.055)^11 -1] / .055 -300
Total = 300 *
<span>
<span>
<span>
1.8020924036
</span>
</span>
</span>
-1 /.055 -300
Total = 300 *
<span>.8020924036 / .055 - 300
</span>Total = 300 *
<span>
<span>
<span>
14.5834982473
</span>
</span>
</span>
-300
Total =
<span>
<span>
<span>
4375.0494741818
</span>
</span>
</span>
-300
Total =
<span>4075.05
</span>
The way it is written, none of them.

The "a"s cancel out.