SOLUTION: Instead of spending his additional earnings each month, mike chooses to open a savings account offering 3% interest, arcued monthly. Calculate the amount of money Michael will have

Question 365592: Instead of spending his additional earnings each month, mike chooses to open a savings account offering 3% interest, arcued monthly. Calculate the amount of money Michael will have in his savings account at the end of each of the following periods. You might want to do these calculation in MS Excel. If you do so, print out your workbook and show the equations that you used.
A.Three months
B.Six months
C.One year
Answer by doggod(2) (Show Source): You can put this solution on YOUR website!
You dont explain enough 3% of what?
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