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?

- econ -
**hi**, Monday, July 1, 2013 at 8:05pm
$163,879.35

## Answer This Question

## Related Questions

- Finance - Loans problem please help - A company borrows $170000, which will be ...
- Please Help me with a Finance - Loan problem - A company borrows $170000, which ...
- Finance - Loans problem - Reiny the answer 307.33 you posted at the bottom is ...
- Finance - Loans problem - A company borrows $170000, which will be paid back to ...
- Finance - Loans problem - Can someone please explain how this problem is laid ...
- PLEASE HELP Math - As a fringe benefit for the past 8 years, Colin's employer ...
- 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. ...

More Related Questions