PLEASE HELP!

Madeline and Jonathan want to purchase a home in seven years. They will contribute $720 each month to a savings account with 6.35% interest, compounded twice a year. What is the future value of this investment, when Madeline and Jonathan need to make a down payment?

Question

PLEASE HELP!



Madeline and Jonathan want to purchase a home in seven years. They will contribute $720 each month to a savings account with 6.35% interest, compounded twice a year. What is the future value of this investment, when Madeline and Jonathan need to make a down payment?

anonymous · Answer

these are the options

$51,131.47

 $16,975.13

 $50,925.38

 $51,453.73

anonymous · Answer

do you guys know how to do this? @truelyours & @jojo9999