<PRE><B>Question 1120480</B>
Jimmy opens a savings account with a $280 deposit at the beginning of the month.
 The account earns 4.3% annual interest compounded monthly.
 At the beginning of each subsequent month, Jimmy deposits an additional $280.
 How much will the account be worth at the end of 14 years? $
:
14 * 12 = 168 periods
:
The annuity formula: 
FV = 280{{{((1+(.043/12))^168-1)/(.043/12)}}}
do the math
FV = 280(229.8985)
FV = $64,371.60 </PRE>