Since June 30, 2014 Smith has been making deposits of 100 each into a bank account on the last day of each month.
For all of 2014 and 2015 Smith's account earned nominal interest compounded monthly at an annual rate of 9%.
For the first 9 months of 2016 the account earned i(12) = .105, and since then the account has been earning i(12) =. 12. Find the balance in the account on each of the following days:
January 1, 2015,
January 1, 2016, and
February 1, 2017
Find the amount of interest credited on February 28, 2017.