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You are 20 years old you deposit 200 per month for 9 years

Question - You are 20 years old. You deposit $200 per month for 9 years into an account paying 12 percent annual rate, compounded monthly. After that, you stop making any new deposits but leave the money in the account, earning the same rate. How much money will be in the account when you become 54 years old?

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Accounting Basics: You are 20 years old you deposit 200 per month for 9 years

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Accounting Basics: You are 20 years old you deposit 200 per month for 9 years

Reference No:- TGS02368423

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