Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

This set of problems is designed to be calculated using the Excel or financial calculator

/in /by

This set of problems is designed to be calculated using the Excel or financial calculator.
Do not use financial tables to calculate these problems.

You plan to buy a house in 8 years. You want to save money for a down payment on the new house. You are able to place $314 every month at the end of the month into a savings account at an annual rate of 9.15 percent, compounded monthly. How much money will be in the account after you made the last payment?

Round the answer to two decimal places.

Your Answer:

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"