4. (10pts) Esmeralda had made monthly deposits in her savings account over the past 10 years and when she checked her ba
Posted: Thu May 19, 2022 10:37 am
4. (10pts) Esmeralda had made monthly deposits in her savings account over the past 10 years and when she checked her balance at the end of 10 years, she realized she had $100,000 in her savings account. If she was receiving an interest rate of 6% compounded monthly, how much money was she depositing in her account on a monthly basis?