Question

To purchase a specialty guitar for his band, for the last two years JJ Morrison has made payments of $90 at the end of each month into a savings account earning interest at 6.19% compounded monthly if he leaves the accumulated money in the savings account for another four years at 7.06% compounded quarterly, how much will he have saved to buy the guitar? The balance in the account will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

          To purchase a specialty guitar for his band, for the last two years JJ Morrison has made payments of $90 at the end of each month into a savings account earning interest at 6.19% compounded monthly if he leaves the accumulated money in the savings account for another four years at 7.06% compounded quarterly, how much will he have saved to buy the guitar?
The balance in the account will be $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

To purchase a specialty guitar for his band, for the last two years JJ Morrison has made payments of 90 at the end of each month into a savings account earning interest at 6.19% compounded monthly if he leaves the accumulated money in the savings account for another four years at 7.06% compounded quarterly, how much will he have saved to buy the guitar?
The balance in the account will be
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Added by Manuel C.

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