Question: Tim and Tim are saving for the holidays together and they are they will be leaving for 4 years from now. Tim puts in 5000

Tim and Tim are saving for the holidays together and they

Tim and Tim are saving for the holidays together and they are they will be leaving for 4 years from now. Tim puts in 5000 in the bank account now. Sam agreed to contribute a $100 at the end of each month until they leave. The bank account pays an interest at a rate of 2.5 P. a. the interest is compounded monthly. How much money will they have when they leave?

Time left 1: im and Sam are saving for a holiday together and they will leave 4 years from now. Tim puts $5000 in a ba ccount now. Sam will agree contribute $100 at the end of each month until they leave. The bank account ays interest at a rate of 2.5% p.a. The interest is compounded monthly. How much money will they have when they leave? 0 a 12.756 Ob 9.898 OC 10.419 O d. 10,568 Next pa

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