A) Sarah opens an investment account with an initial deposit of $ 1900. She then sets up monthly deposits of $ 100 to the account. If the account earns 4.5% interest compounded monthly, how much money will she have in the account in 4 years?
Total after 4 years =
B) Hannah wants to have $ 3500 to help pay for a new deck in 10 years. If she wants to put her money into an account earning 4.75% interest compounded continuously, how much should she invest now, so that she will have $ 3500 in 10 years?
Payment amount =