# Mathematics

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

How much will you have in the account in 15 years?

How much total money will you put into the account?

How much total interest will earn?

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2. What's the point of the link, it does not show the formula
and it is a different question.

Yours:

amount = 300( (1+.07/12)^180 - 1)/(.07/12)
= \$95,088.69

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