Question

Melissa’s parents start to save for her education by depositing $100.00 per month into an account that pays 9% / a, compounded semi-annually. Determine the value of the account after 17 years.
just plug your numbers into your annuity future value formula.
Post your work if you get stuck.

Related Questions

When Curtis was born, his parents began depositing $1000 at the end of every year into an annuity to... Mike started a savings account by depositing $9. Each month, he deposits more money than the month b...