Find the savings plan balance after 4 years with an APR of 9% and monthly payments of $100.

FV=P{[1 + R]^N - 1/ R}

FV =$100 x {[1 + 0.02/12]^(4*12) - 1 / (0.02/12)}

FV=$4,992.90 - This should be the balance in the savings plan after 4 years.

P.S. Do the math in the above formula and you should get the same answer that I

Step-by-step explanation: so yah I think this is right lol! mark as brainest