Mathematics
Mathematics, 12.02.2022 23:10, skyvargasov9cad

Andrew deposits a fixed monthly amount into an annuity account for his child's college fund. He wishes to accumulate a future value of $65,000 in 12 years. Assuming an APR of 3.4 % compounded monthly, how much of the $65,000 will Andrew ultimately deposit in the
account, and how much is interest earned? Round your answers to the nearest cent, if necessary.

answer
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Andrew deposits a fixed monthly amount into an annuity account for his child's college fund. He wish...

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