Suppose that you invest $200 every month in an account that has 4.8% APR. The account is compounded every month. How much money will you have after 5 years?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Dec 3, 2020 120k views

2 votes

Suppose that you invest $200 every month in an account that has 4.8% APR. The account is compounded every month.

How much money will you have after 5 years?

Mathematics
middle-school

Emeline asked

by Emeline

8.2k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

4 votes

hey I do budgeting for financial fitness I find it fun I hope you find this answer helpful 57,600.

Prk answered Dec 9, 2020

by Prk

8.0k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions