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Find the savings plan balance after 4 years with an apr of 7% and monthly payments of 100

Find the savings plan balance after 4 years with an apr of 7% and monthly payments of 100
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Find the savings plan balance after 4 years with an apr of 7% and monthly payments of 100

User Alejandro Vargas
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1 Answer

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Assume the Initial investment is $100 and 48 monthly payments of $100 at 7% APR compounded end of each compounding period, you will have $5,459.01
User Toxkillfraex
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