Question: Could someone please show me how we got the answer ? Question 7 0 out of 0.5 points You make annual payments of $1,000 into

Could someone please show me how we got the answer ?

Could someone please show me how we got the answer ? Question

Question 7 0 out of 0.5 points You make annual payments of $1,000 into a bank account to provide for the your daughter's university education, starting on the day your daughter is born and end on her 18th birthday. What will X be the balance in the account on your daughter's 18th birthday (to the nearest dollar) if the funds earn 4.46% p.a.? Selected Answer: 29,851 Correct Answer: 28,949 10 Response Feedback: Incorrect! Question 7 0 out of 0.5 points You make annual payments of $1,000 into a bank account to provide for the your daughter's university education, starting on the day your daughter is born and end on her 18th birthday. What will X be the balance in the account on your daughter's 18th birthday (to the nearest dollar) if the funds earn 4.46% p.a.? Selected Answer: 29,851 Correct Answer: 28,949 10 Response Feedback: Incorrect

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