Luca found an ordinary annuity that earns 3.6% He will deposit $110.00 each month into his account for the next 29 years. How much interest, in total, will he earn? How much will his account be worth at the end of the 29 years? How much of the ending account balance comes from deposits?

Answer rating: 100% (QA)

To find the total interest earned the future value of the annuity and the portion of the ending acco... View the full answer