Monday
March 30, 2015

Homework Help: math!

Posted by Thara! on Wednesday, April 21, 2010 at 8:57pm.

Heinz has been contributing $300 at the end of each month for the past 15 months to a sivings plan that earns 6% compounded monthly. What amount will he have 1 year from now if he continues the plan?

I'm not sure how to get the answer for this question which is:

$8649.11

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math help plz! - Heinz has been contributing $300 at the end of each month for ...
ctu - Diane works at a public university. She contributes $625 at the end of ...
Finite Math - The price of a new car is $24,000. Assume that an individual makes...
math - The Pirerras are planning to go to Europe 5 yr from now and have agreed ...
MATH!!! - Supppose you work for a company that has a 401k plan. Your first-year ...
Math - At the end of each quarter, a 50-year-old woman puts $3000 in a ...
math - Jeanette wishes to retire in 30 years at age 55 with retirement savings ...
Finance - Annuities - You have just graduated from the MBA program and to reward...
matttth help please - 1. Mike wants to invest money every month for 40 years. ...
statistics - A company has been studying the performance of their sales ...

Members