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Your parents opened a savings account for you where they plan to make monthly deposits of $200 for the next 10 years, starting with a
Your parents opened a savings account for you where they plan to make monthly deposits of $200 for the next 10 years, starting with a $200 deposit they made today. Assume the account earns 0.5% interest per month. What will be the value of the account in 10 years?
Your parents opened a savings account for you where they plan to make monthly deposits of $200 for the next 10 years, starting with a $200 deposit they made today. Assume the account earns 0.5% interest per month. What will be the value of the account in 10 years?
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