A worker has $194 deducted from their paycheck each month for 6 years.  The money is deposited into an account earning 2.5% interest (compounded monthly).  How much has the worker saved after 6 years?  Round your answer to 2 decimal places.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
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A worker has $194 deducted from their paycheck each month for 6 years.  The money is deposited into an account earning 2.5% interest (compounded monthly).  How much has the worker saved after 6 years?  Round your answer to 2 decimal places.

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