Question:

Suppose you invest 150 a month for 8 years into an account

Last updated: 1/8/2024

Suppose you invest 150 a month for 8 years into an account

Suppose you invest 150 a month for 8 years into an account earning 96 compounded monthly After 8 years you leave the money without making additional deposits in the account for another 23 years How much will you have in the end Suppose instead you didn t invest anything for the first 8 years then deposited 150 a month for 23 years into an account earning 996 compounded monthly How much will you have in the end Question Help Video Video 2