Savings Plan Question

label Mathematics
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Jul 1st, 2015

Thank you for the opportunity to help you with your question!

yolanda deposited $300 per month in an account with an apr of 3%

"> $300 ( 1 + 0.03 )/12) 12 × 6 =

300x0.086X72=18,576

zack deposited $3600 per month in an account with an apr of 3%

$3600 ( 1 + 0.03 )/12) 12 × 6 =

$3600x0.086X72=9288=$22,2912

zack deposted more money

the investment that is viable is =the zack investment



Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 1st, 2015

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