Question: Please completely fill out the table and answer the question below, thank you! Suppose you have an investment account that earns an annual 5% interest

Please completely fill out the table and answer the question below, thank you!

Suppose you have an investment account that earns an annual 5% interest rate, compounded monthly. It took $500 to open the account, so your opening balance is $500. You choose to make fixed monthly payments of $240 to the account each month. Complete the table below to track vour savinas arowth. What is the total amount gained in interest over this first year of this investment plan

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