Asked by Rachel


In order to have money for their daughter's college education, a young couple started a savings plan into which they made intermittent deposits. They started the account with a deposit of 128.44 dollars (in year zero) and then added 421.97 dollars in year 3, and 723.46 dollars in years 8 and 9. What is the amount they have in the account in year 16 if they earned interest at 4.59% per year and never made any withdrawals? (Accuracy is set at the first decimal.)
There are no human answers yet.
There are no AI answers yet. The ability to request AI answers is coming soon!