Angelica has been depositing $280 each month into a savings account with an apr of 2.76% for the last 3 years. if she continues depositing this amount for an additional 12 years, what will the balance in her savings account be?

  $62,490.65

Step-by-step explanation:

If we assume her deposits are at the beginning of the month, and that the interest is compounded monthly, the future value is that of an "annuity due." The formula is ...

  FV = P(1+r/n)((1+r/n)^(nt)-1)/(r/n)

where r is the APR (.0276), n is the number of yearly compoundings (12), P is the monthly payment ($280), and t is the number of years (15). Putting the numbers into the formula and doing the arithmetic, we get ...

  FV = $280(1.0023)(1.0023^180 -1)/(.0023) ≈ $62,490.65

Angelica's account balance after 15 years will be $62,490.65.

If her deposits are at the end of the month, the balance will be $62,347.25.

c. 6tan80

step-by-step explanation:

i think you would have to divide the money he had saved, which is $2,000 by the time he plans on exercising which is 40 hours, and the answer you get should tell you the answer to your question.