annuties and sinking found,

Question

$100 is deposited monthly into an ordinary annuity that earns 1.4% per month compounded monthly. Find the amount at the end of 30 months. (Round your final answer to two decimal places.)
$

Answer 1

not realistik...1.4%/month=16.8%/yeer...nowon pae yu NE neer that much

put in 100$/month for 30 months

$$$$$$$$$   3,748.43 $

yu put up 3,000$