Ahri F.

asked • 05/08/21

I don't understand how I'm supposed to solve this question.

Liam plans to start depositing $175 each month into

an interest-earning savings account.

According to his online calculations, the balance of the

savings account in 5 years will be about $12,100. How

much of the final balance will come from interest

earned?

1 Expert Answer

By:

Gabe C. answered • 05/10/21

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Wharton MBA with Concentration in Finance and Accounting

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