Question:

You deposit $300 each month into an account earning 8%

Last updated: 7/21/2022

You deposit $300 each month into an account earning 8%

You deposit $300 each month into an account earning 8% interest compounded monthly. a) How much will you have in the account in 30 years? b) How much total money will you put into the account? c) How much total interest will you earn?