Asked by Anonymous

Deposit $300 each month into an account earning 7% interest compounded monthly.

How much total money will you put into the account?

How much total interest will you earn?

Answers

Answered by Reiny
You did not state the time period
Answered by Anonymous
You deposit $300 each month into an account earning 7% interest compounded monthly.
Answered by Reiny
ummmhhh, for 5 years, for 2 years, for 20 years ???
The question is incomplete.
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