HII  HERE IS THE SOLUTION ... Frank deposited $250 at begining of each month for four years into a saving a/c For next eight yoss he made no deposites beet lept money. in the account. The savings account paid interest at 4.5% compound monthly. L.e. (4.5)/(12)%=0.375% per mouth for nest 8 yrs.So,(1) The balance (Ant:) withe after the first 4 yrs{:[=($2.50 xx12 xx4)xx[1+(0.375)/(100 xx12)]^(12 xx4)],[=${:[$14361.77" (by, using calculator, "],[" on rough calcedd) "]:}],[" (Just to save, time) "]:}(2) The balance after 12 yre will be{ ... See the full answer