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Joshua deposits $310 every month into an account earning an annual interest rate of 7.8% compounded monthly. How much would he have in the account after 6 years, to the nearest dollar? Use the following
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Joshua deposits $310 every month into an account earning an annual interest rate of 7.8% compounded monthly. How much would he have in the account after 6 years, to the nearest dollar? Use the following formula to determine your answer.

User Tobias Hotzenplotz
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8.6k points

1 Answer

1 vote
The answer should be $228.461
User SamGbos
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