Question: please use the mathmatical method to solve the question do not use the excal method thankyou Question 5 10 marks] Jane opens a saving adcount
Question 5 10 marks] Jane opens a saving adcount with a deposit of $3000 on February 1, 1993, and makes monthly deposits of $300 for 5 years, starting March 1, 1993. Starting March 1, 1998, she makes monthly withdrawals of $600 for 3 years. The interest rate remains r(12) 6 % for the entire period. (a) What is the balance in her saving account after her last deposit February 1, 1998? on (b) What is the balance in her saving account after her last withdrawal on February 1, 2001
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