Find the amount accumulated fv in the given annuity account. hint [see quick example 1 and example 1.] (assume end-of-period deposits and compounding at the same intervals as deposits. round your answer to the nearest ten dollars.) $300 deposited monthly for 16 years at 5% per year

$670

Step-by-step explanation:

Given that $300 is deposited monthly for 16 years at 5% per year

Applying the compound interest formula;

A=P(1+r/n)^nt

where

A= amount in account after time t

P=starting amount=$300

r=interest rate= 5%

n=number of compoundings per year= 12

t=time in years=16

line or a linear equation graph

step-by-step explanation:

20days louise can read300 pg

step-by-step explanation:

1 day 15 pg 300: 15= 20

x day 300 pg