someome takes 262 from their savings every month for 15 years and puts it into a seperate account earning 3.6 compounded
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
someome takes 262 from their savings every month for 15 years and puts it into a seperate account earning 3.6 compounded
someome takes 262 from their savings every month for 15 years and puts it into a seperate account earning 3.6 compounded monthly. after the 15 years it stops and is put into another account earning 3.9 compounded monthly, this time being left for 6 years. what is the final ampunt of money. show work for me please im trying to understand this for my finals. thanks.