jaquelinmendez153 jaquelinmendez153
  • 01-05-2020
  • Mathematics
contestada

You deposit $300 each month into an account earning 5% interest compounded monthly how much will you have in 20 years

Respuesta :

cathlin216 cathlin216
  • 01-05-2020

Answer:

The amount is $331.49 and the interest is $31.49.

P=$300 r=5% n=12 T=2years

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