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You decide that you want to be a responsible citizen and save for the future. You open a savings account. Your bank offers a 3%

You decide that you want to be a responsible citizen and save for the future. You open a savings account. Your bank offers a 3% APR compunded monthly. When you opened the account you decided to start off by making an initial deposit of $100 and regular monthly deposits of $50. Complete the following table.

End of Month Nmber Interest Payed on Previous Balance Deposit Balance
0
1
2
3
4
5
6
7
8
9
10
11
12

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