FV Function (Page 423, Chapter 7) - Coe College

FV (Chapter 7) Example Word Problem: Savings Account: Bob is saving for a home down payment. He is going to deposit $200 monthly for 10 years (he is starting the account with a $0 balance – do not use the PV argument in this case). The bank is giving him an interest rate of 2% (the APR). Use the appropriate function covered in class ................
................