You have been putting $200 per month into a savings account for the last 4 years....
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You have been putting $200 per month into a savings account for the last 4 years. The current balance is $10,602. If the account compounds interest monthly, what rate of return have you earned? (Round your answer) Multiple Choice 5% 28% 6.7% 5.3% You have been putting $200 per month into a savings account for the last 4 years. The current balance is $10,602. If the account compounds interest monthly, what rate of return have you earned? (Round your answer) Multiple Choice 5% 28% 6.7% 5.3%
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