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Homework answers / question archive / You have decided to place $619 in equal deposits every month at the beginning of the month into a savings account earning 4

You have decided to place $619 in equal deposits every month at the beginning of the month into a savings account earning 4

Accounting

You have decided to place $619 in equal deposits every month at the beginning of the month into a savings account earning 4.74 percent per year, compounded monthly for the next 9 years. The first deposit is made today. How much money will be in the account at the end of that time period? Round the answer to two decimal places. Show working & formula. 

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