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October 1, 2014

October 1, 2014

Posted by **Sabrina** on Wednesday, March 11, 2009 at 10:35pm.

- MATH HELP -
**drwls**, Thursday, March 12, 2009 at 1:42pmWork it like a savings account accumulation problem in which you have to accumulate $20,000 in 5 years while earing 4% interest, compounded monthly.

This website does it automatically, if you choose the right calculator:

http://www.ajdesigner.com/phpdiscountfactors/uniform_series_compound_amount_equation.php

I get $301.66 per month

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