SOLUTION: what is the total amount will earn by a person if he saves $ 3000 per month for 5 years at 6% interest rate?
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Question 891365: what is the total amount will earn by a person if he saves $ 3000 per month for 5 years at 6% interest rate?
Answer by harpazo(655) (Show Source): You can put this solution on YOUR website!
How many months in 5 years?
Well, 12 x 5 = 60 months.
To find the answer, multiply the following:
60 * 3000 * 0.06 =
Can you finish?
Use your calculator.
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