if jackson deposited $800 at the end of each month in the saving account earing interest at the rate of 3%/year compounded monthly, how much will he have on deposit in his savings account at the end of 3 years, assuming that he makes no withrawals during that period?

Answer rating: 100% (QA)

To solve this problem we can use the formula for the future value of an annuity whi... View the full answer