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  3. 2. a couple would like to take a cruise to alaska,

2. A couple would like to take a cruise to Alaska, 15 months from now....

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Accounting

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2. A couple would like to take a cruise to Alaska, 15 months from now. They have $1500 in a savings account. The savings account pays a nominal rate of 1%, compounded monthly. a. If they start investing $110 today for 15 months how much will they have 15 months from today? b. If they start investing $110 a month from now for 15 months how much will they have 15 months from today? c. If they need $3900 for the trip, how much would they need to invest each month, if they make 15 monthly equal investments starting a month from now

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