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Find the interest rate for a $4600 deposit accumulating to $5994.78, compounded monthly for 4 years

Find the interest rate for a $4600 deposit accumulating to $5994.78, compounded monthly for 4 years
asked 140k views
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Find the interest rate for a $4600 deposit accumulating to $5994.78, compounded monthly for 4 years

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User Minj
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1 Answer

7 votes
1,394.78 total interest earned. 348.70 per year
answered
User Chris Down
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8.9k points
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