Final balance after 30 years: $14,882.82
Total amount contributed out of pocket: $9,000
Total interest earned: $5,882.82
You invest $75/quarter at a rate of 4.00% APR compounded monthly for 30 years
What is the final balance after 30 years?
What is the total amount that you contributed out of your pocket?
What is the total interest earned?
answers only
1 answer