Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

تمرين 19

Solve the following exercises by using Table 12-1.
Jorge Otero has set up an annuity due with the United Credit Union. At the beginning of each month, $170 is electronically debited from his checking account and placed into a savings account earning 6% interest compounded monthly. What is the value of Jorge's account after 18 months