Question 1201794
5% compounded monthly = .4166666...% per month.
24 years * 12 months per year = 288 months.
159 invested at the end of each month for 288 months at .4166666.....% per month has a future value of 88,220.19 at the end of the 24 year investment period.
total payments were 159 * 288 = 45,792.
total interest was 88,220.19 minus 45,792 = 42,428.19.