b Find the interest Periodic Deposit 80 at the end of each

Last updated: 12/5/2023

b Find the interest Periodic Deposit 80 at the end of each month Rate 3 compounded monthly Click the icon to view some finance formulas Time 30 years a The value of the annuity is Do not round until the final answer Then round to the nearest dollar as needed b The interest is Use the answer from part a to find this answer Round to the nearest dollar as needed Formulas In the provided formulas P is the deposit made at the end of each compoundin period r is the annual interest rate of the annuity in decimal form n is the num of compounding periods per year and A is the value of the annuity after t years A P 1 1 1 nt P A A 1 P A 1 nt