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Xavier invests $100 each month for 6 months in an account that pays 6% APR compounded monthly. What is the future value of Xavier's account after 6 months?

Xavier invests $100 each month for 6 months in an account that pays 6% APR compounded monthly. What is the future value of Xavier's account after 6 months?
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Xavier invests $100 each month for 6 months in an account that pays 6% APR compounded monthly. What is the future value of Xavier's account after 6 months?

User Landin Martens
by
8.5k points

1 Answer

0 votes

Answer:

$607.57

Explanation:

User DanCat
by
8.7k points
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