Question

The savings account earns 8.4% APR interest calculator monthly paid into the account at the end of 6 months Cooper deposits $200 into the account at the beginning of the first month at the end of each month he deposits an additional $100 how much interest will he have earned after 6 months

Answer 1

$18.90 --APEX

Explanation:

Answer 2

200×0.084×(6÷12)
+100×0.084×(5÷12)+100
×0.084×(4÷12)+100×0.084
×(3÷12)+100×0.084×(2÷12)+100×0.084×(1÷12)=18.9.....answer