Alexa plans on saving $3,000 a year and expects to earn an annual rate of 10.25 percent. how much will she have in her account at the end of 45 years

Hi there

To find the future value of annuity ordinary the formula is

Fv=pmt [ (1+r) ^ (n) - 1) : r]

Fv future value?

PMT payment per year 3000

R interest rate 0.1025

N time 45 years

So

Fv=3,000 * (((1+0.1025) ^ (45) - 1)

: (0.1025)) = 2,333,571.66

Good luck!