Question:

Suppose you invest $200 a month for 4 years into an account

Last updated: 7/6/2022

Suppose you invest $200 a month for 4 years into an account

Suppose you invest $200 a month for 4 years into an account earning 7% compounded monthly. After 4 years, you leave the money, without making additional deposits, in the account for another 27 years. How much will you have in the end?