12. (9 points) You are trying to build up your savings by ma…
12. (9 points) You are trying to build up your savings by making monthly deposits of $85 into your savings account that earns interest. You check the balance after 5 years and find the total balance is $7,061.89. a.) How many total payments have you made? b.) What is the total amount you have paid into the savings account? c.) What is the total amount of interest your account has earned in the past 5 years? Round to the nearest cent (hundredths).
Read Details