George plans to deposit $1,000 into his bank account at the end of every month for three
Fantastic news! We've Found the answer you've been seeking!
Question:
George plans to deposit $1,000 into his bank account at the end of every month for three years. This account has a nominal interest rate of 6% compounded monthly.
How much will George have in his account 66 months from today?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date: