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Derek opened up a savings account that earns 1.25% interest, compounded monthly. If he put $750 in the account to start, how much money would be in his account 7 years later, assuming no additional money
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Derek opened up a savings account that earns 1.25% interest, compounded monthly. If

he put $750 in the account to start, how much money would be in his account 7 years
later, assuming no additional money was deposited or withdrawn from the account?

User FelHa
by
4.3k points

1 Answer

5 votes

Answer:

1537.92$

Explanation:

User Mruf
by
4.3k points
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