You plan to buy a vacation houseâ in 3 years
You plan to buy a vacation houseâ in 3 years. You want to save money
for a down payment on the vacation house. You are able to place $447 every month at the end of the month in a savings account at an annual rate of 6.69 percent, compounded monthly. How much money will be in the account after you have made the final payment?
Round the answer to two decimal places.