Posted by Brittany on Thursday, August 29, 2013 at 2:46am.
Titus deposited $1,508.49 in a savings account that earns 4.2% simple interest. What will Titus's account balance be in 8 months?

math  Steve, Thursday, August 29, 2013 at 4:22am
assuming the interest is actually credited every month,
1508.49(1+8*.042/12) = 1550.73