what is the amount of money he will have after three months, six months, and one

Question by lrjctn Reward: 100 Pond Points + 10 Knowledge Tokens Status: Points refunded
instead of spending 88.75 each month, Micheal chooses to open a savings account offering 3% interest, accured monthly. Calculate the amount of money micheal will have in his savings account at the end of each of the following periods. Three months, six months, and one year.


Click here to begin asking FREE questions


Although this question is closed, you can still post comments for others to read.



Some other Finance questions you may be interested in: Your Reward:
1  whare does money go after its made? 25 Points
2  How do I find out whether my ex is cl... 100 Points
3  money problems 25 Points
4  frozen account 100 Points
5  income tax Log in to view


Information provided on AnswerPond.com is not intended to substitute for informed expert medical, psychiatric, psychological, tax, legal, computer, investment, accounting, or other professional advice. For questions that require professional advice, please consult a qualified provider who is licensed in your state or country.