Post a New Question


posted by .

how do i solve for this question?

Mr. Smith wants to save for his son's college education. If he deposits $300 each month at 10% compounded monthly, how much (to the nearest penny) will he have in the account after 14 years?

Answer =

  • math -

    amount = 300[ (1.0833333)^168 - 1]/.0833333
    = ....
    you do the button pushing.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question