whandy03 whandy03
  • 23-01-2020
  • Mathematics
contestada

You put $300 at the end of each month in an investment pal. That pays 7% interest, compound monthly how much will you have after 18 years? Round all answers to the nearest cent when applicable

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nicole8991
nicole8991 nicole8991
  • 23-01-2020
Answer: $378

Step by step explanation:

1: Use the equation i=prt

2: Solve the equation
i=300(0.07)(18)
i=$378
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