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Hiram Callaway deposits $2,350 in an account that earns interest at 3.2% APR compounded monthly. What is his ending balance after five years?
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Aug 9, 2018
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Hiram Callaway deposits $2,350 in an account that earns interest at 3.2% APR compounded monthly. What is his ending balance after five years?
Mathematics
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Ahmad Houri
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A = 2350(1 + 0.032/12)^60
= $ 2757.16
HongKilDong
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Aug 14, 2018
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