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400 in savings for 20 years compounded 5% monthly

400 in savings for 20 years compounded 5% monthly
asked 211k views
4 votes
400 in savings for 20 years compounded 5% monthly

asked
User Mathieu Westphal
by
8.7k points

1 Answer

6 votes

Answer:1,086

Step-by-step explanation: Initial Deposit

$400

Contributions

$0

Investment Time Span

20

Estimated Rate of Return

5.00%

answered
User Quake
by
8.2k points
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