Saturday
March 28, 2015

Homework Help: econ

Posted by ryan on Monday, December 10, 2012 at 6:25pm.

You are making $1,000 monthly deposits into a fund that pays interest at a rate of
6% compounded monthly. What would be the balance at the end of 10 years?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finite Math and Applied Calculus - Betty Sue sets up a retirement account. For ...
Math - A deposit of $10,000 is made in a trust fund that pays 4.9% interest, ...
Math - At the end of each quarter, a 50-year-old woman puts $3000 in a ...
Mathematics and investment - 1. Angelo wants to renovate his house in 3 years. ...
algebra - 50,000 is the amount of a loan needed to purchase a restaurant ...
algebra - 1. Suppose Mary deposits $200 at the end of each month for 30 years ...
MATH 12 - Kalpna opened this portfolio 4 years ago. - A $8500 fund that earns 5...
Finite Math - Malika Agwani starts her career at the age of 25 and makes equal ...
math - you intend to create a college fund for your baby. if you get an interest...
math - Investor A deposits 1,000 into an account that earns an interest rate of ...

Members