Question 1132957
the formula for the first would be T=300(1+(.03/12)^588-1/(.03/12), where the 588 is 49 years *12 months per year.
The deposit total is 300*588 or $176,400.  The total will be $400951.68, rounding at the end only.

The second is T=1750(1+(.03/12))^180/(.03/12), and that is $54000 of deposits and a total of $68091.81