Mathematics, 29.10.2019 02:31 bennyanderson857
Find the savings plan balance after 3 years with an apr of 7% and monthly payments of $150.
the balance is $
Answers: 2
![A = P*\left[\frac{(1 + \frac{APR}{n})^{n*Y} - 1}{\frac{APR}{n}}\right]](/tpl/images/0350/4034/fe10d.png)
.![A = 150*\left[\frac{(1 + \frac{0.07}{12})^{12*3} - 1}{\frac{0.07}{12}}\right]](/tpl/images/0350/4034/bd361.png)
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Find the savings plan balance after 3 years with an apr of 7% and monthly payments of $150.
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