Two friends, Sally and Debbie, decide to make Saturday special and plan a fun family dinner twice a month.
Part A: Based on the first scenario:
Answer the following question utilizing the Future Value of Annuity calculator:
If Sally’s account compounds monthly, calculate how much Sally will have in her savings account:
Part B: Based on the second scenario:
Answer the following question utilizing the Credit Card Interest Calculator:
For more information about interest rates, please review this article regarding credit score ratings.
Part C: For the conclusion of this assignment, answer the following questions.
Use the following template to complete the Unit 3 Individual Project (IP): Unit 3 IP template.
Submitting your assignment in APA format means, at a minimum, you will need the following:
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