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Use Tables 12-1 and 12-2 from Your Text to Answer

Question 120

Short Answer

Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Anita Jacobs could deposit $600 every 3 months in her credit union which pays 12% interest compounded quarterly. How much more would she have in her account at the END of 4 years if she deposited the $600 at the BEGINNING of each quarter rather than at the END of each quarter?

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