You will be taking a trip with friends. You save $400 each month starting April 2021 to September 2021 (6 months). You can deposit the funds in a mutual fund at the beginning of each month. The fund is expected to return 5% per year. Under these conditions.

How much will you have at the end of September 2021?

Answer rating: 100% (QA)

The monthly deposit is 400 and the investment period is 6 months The annual interest rate is ... View the full answer