Ask your own question, for FREE!
Mathematics 18 Online
OpenStudy (cathyangs):

At the end of every month, Elle deposits $500 into a savings account with an annual interest rate of 6 percent, compounded monthly. How much interest will be earned at the end of four years?

OpenStudy (anonymous):

do you have a formula?

OpenStudy (cathyangs):

I've figured it out.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!