Your parents have just opened a savings account for you. Starting today, they plan to make monthly deposits of $200 for the next 10 years (120 deposits) into the account. Assume the account earns 0.5% interest per month. What will be the value of your saving account after 10 years? 

Answer rating: 100% (QA)

You can expect to have approximately 3293975 in your savings accoun... View the full answer