Business, 18.12.2020 04:50 Pizzapegasus1

Create a plan to save money throughout high school for your first year at a two-year college. • Set a goal: $10,000
• Determine the number of periodic deposits: 48 deposits
• Determine the amount of each deposit: $10,000 ÷ 48 = $208.33 rounded to $200
• Start saving. Assume the account has a 4% interest rate compounded monthly.

What is the saving over the course of 4 years?

Answers: 1

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Create a plan to save money throughout high school for your first year at a two-year college. • Set...