Tommy has a new job and decides to put $250 each month into a savings account that pays 5.2% monthly interest. Fill in the chart and write a paragraph stating, what is the total amount in the account after 4 months, how much money did he put in the account and how much was interest.   Period   Balance   Interest   1       2       3       4

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Tommy has a new job and decides to put $250 each month into a savings account that pays 5.2% monthly interest. Fill in the chart and write a paragraph stating, what is the total amount in the account after 4 months, how much money did he put in the account and how much was interest.

 

Period

 

Balance

 

Interest

 

1

 

 

 

2

 

 

 

3

 

 

 

4

 

 

 

 

 

 

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