Question:

You deposit $100 each month into an account earning 8.5%

Last updated: 7/26/2022

You deposit $100 each month into an account earning 8.5%

You deposit $100 each month into an account earning 8.5% interest compounded monthly. How much total interest will you earn after 30 years? a)$129,070.58 b)$165,070.58 c)$36,000 d)$82,623.82