James wants to be able to make a $30,000 down payment on a new home in three years. if he can invest his savings in an account that earns 6% interest per year, compounded monthly, about how much will james need to deposit today to achieve his goal?

Pepe and leo deposits money into their savings account at the end of the month the table shows the account balances. if there pattern of savings continue and neither earns interest nor withdraw any of the money , how will the balance compare after a very long time ?