Question
Suppose you deposit $1000 in an account paying 4% annual interest, compounded monthly. How
much money will you have after 15 years?
much money will you have after 15 years?
Answers
bobpursley
amount=1000(1+.04/12)^(15*12)=>>
Put this in your google search window: 1000(1+.04/12)^(15*12)=
Put this in your google search window: 1000(1+.04/12)^(15*12)=