document.write( "Question 625178: If Jackson deposits $100 at the end of each month in a savings account earning interest at a rate of 8%/year compound ed monthly, how much will he have on deposit in his savings account at the end of 6 yr assuming that he makes no withdrawals during that period? \n" ); document.write( "
Algebra.Com's Answer #393370 by oscargut(2103)![]() ![]() You can put this solution on YOUR website! A= 100(1+0.08/12)^72 = 161.35\r \n" ); document.write( "\n" ); document.write( "Answer: 161.35\r \n" ); document.write( "\n" ); document.write( "If you have any doubt or if you have more problems my e-mail is: \r \n" ); document.write( "\n" ); document.write( "mthman@gmail.com \n" ); document.write( " |