Suppose you invest 3800 in an account with an annual

Last updated: 6/29/2023

Suppose you invest 3800 in an account with an annual interest rate 6 compounded monthly 0 5 each month At the end of each month you deposit 325 into the account Use this information to complete the table below Round to the nearest cent as needed Month 1 2 3 4 LO 5 Prior Balance 3800 4489 72 Question Help D Video 0 5 Interest on Prior Balance 24 19 Monthly Deposit 325 325 325 325 Ending Balance 3800 4489 72