Business Finance

Deposit $300 each month into an account earning 7% interest compounded monthly.

How much total money will you put into the account?

How much total interest will you earn?

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  1. You did not state the time period

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  2. You deposit $300 each month into an account earning 7% interest compounded monthly.

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  3. ummmhhh, for 5 years, for 2 years, for 20 years ???
    The question is incomplete.

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