asked 183k views
1 vote
you deposit 100$ each month into an account earning 8% interest compounded monthly. How much will you have in the account in 15 years

asked
User Andcoz
by
7.0k points

1 Answer

4 votes
use the exponential function of f(x)= 100x times (1.08)^2
answered
User Justinf
by
8.5k points
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