A = (8000(1+0.03)(30)−1)/ 0.03 0.03
A = 8000 * [(1+0.03)^(30)−1) / 0.03]
A = 8000 * [ 47.5754157]
A = 380,603.33 - FV of 30 deposits of 8,000 each at 3% compounded annually.
