Question: Question 3 (8 points) Listen (Time allowance estimation: 7 minutes) You have set up your savings plan for the next 6 year. You will make
Question 3 (8 points) Listen (Time allowance estimation: 7 minutes) You have set up your savings plan for the next 6 year. You will make equal monthly deposits of $3,000 into the bank savings account during these years. How much will you have accumulated at the end of the 6 years, if the bank savings account has an APR of 12%?. If needed, you can open and use an excel file with TVM formulas by clicking here "Do not enter the $ sign. Round of to the nearest dollar (no decimals) and use commas to separate thousands. For example, if your answer is $34,058.77 then enter 34,059. Your
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