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Question

Suppose you deposit $6300 into a savings account that earns 8.64% interest, compounded monthly.

Fill in the following table, rounding to the nearest cent.

Month Interest Amount Balance
1 $
$
2 $
$
3 $
$
4 $
$

1 year ago

Answers

GPT 3.5
Month Interest Amount Balance
1 $ 45.22 $ 6345.22
2 $ 45.73 $ 6390.95
3 $ 46.24 $ 6437.19
4 $ 46.76 $ 6483.95
1 year ago

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