Question

Jason deposited $200 at the end of
each month for five years into an
amount paying 5% compounded monthly
What will be the balance on account
at the end of five year term?​

Answer 1

Answer:

hey this is my answer

Step-by-step explanation:

P- 200

R- 5%

T-5

S.I - P *R*T/100

200*5*5/100

-50 RUPEES

A- P+S.I

200+50

250 RUPEES

SO A-250 RUPEES S.I-50 RUPEES