Suppose you deposit $350 at the end of each month in an account that pays 18 % annual interest, compounded monthly.
What is the total amount in this account at the end of 3 years?

Select one:
a.$17.123,25
b.$16.546,60
c.$20.453,77
d.$18.566,32
e.$17.842,05

Answer rating: 100% (QA)

We want to know the accumulated amount on the account in 3 years after making monthly deposi... View the full answer