Question: 15. [1/3.8 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose that you earn $43,200 per year. What is your monthly salary?

15. [1/3.8 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER

15. [1/3.8 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose that you earn $43,200 per year. What is your monthly salary? $3600 Assume that you deposit 10% of your monthly salary into an investment account with an APR of 4.7% every month for 30 years. We will assume for simplicity that your salary never changes, so you are depositing the same amount every month for 30 years. What will the balance of your investment account be after 30 years? Round your answer to the nearest cent. The balance of the account is s How much of the investment account balance is interest? The amount of interest in the account is $ Submit

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