Calculating Annuity Future Values You are planning to make monthly deposits of $250 into a retirement account

Question:

Calculating Annuity Future Values You are planning to make monthly deposits of $250 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 30 years?

Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...