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if you deposit $500/month into a college fund with APR 4.5%, how much do you have after 18 years of payment?

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 22E

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if you deposit $500/month into a college fund with APR 4.5%, how much do you have after 18 years of payment?

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