Beginning in January, a person plans to deposit $1 at the end of each month into an account earning 15% compounded monthly. Each year taxes must be paid on the
interest earned during that year. Find the interest earned during each year for the first 3
years.

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Ответ:

joy3449

11.02.2022

Mathematics

well if you're counting fingers in total, the answer is 9.3 :)

Step-by-step explanation:

90+3 = 93

93/10=9.3

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Beginning in January, a person plans to deposit $1 at the end of each month into an account earning 15% compounded monthly. Each year taxes must be paid on the interest earned during that year. Find the interest earned during each year for the first 3 years.