SOLUTION: What will deposit of $80 made at the end of each month amount to after 4 years if interest is 4.8% compounded monthly?

SOLUTION: What will deposit of $80 made at the end of each month amount to after 4 years if interest is 4.8% compounded monthly?

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Question 1141890: What will deposit of $80 made at the end of each month amount to after 4 years if interest is 4.8% compounded monthly?

Answer by VFBundy(438) (Show Source): You can put this solution on YOUR website!
Total =

PMT = 80; r = 0.048; n = 12; t = 4

Total = = $4224.13
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