Matt is saving to buy a new motorcycle. If he deposits $70 at the end of each month in an account that pays an annual interest

Question

2 years ago

6

rate of 7.5%, how much will he have in 15 months? Assume that the compounding is being done monthly.

2 answers:

Dvinal [7] · Answer 1 · 2022-08-16T12:10:50+03:00

Dvinal [7]2 years ago

4 0

drew deposits 2,000 into an account that earns 4% simple interest how much will drew have in five years

Reptile [31] · Answer 2 · 2022-08-16T10:38:43+03:00

3 0

Answer:

85 dollars :)

Matt is saving to buy a new motorcycle. If he deposits ​$70 at the end of each month in an account that pays an annual interest