Mathematics, 07.10.2020 02:01 xitlalizt83341

Sam deposited $200 into a savings account that pays 4% interest compounded monthly. Approximately how long will it take for the deposit to be worth $220? A. 3 months
B. 28 months
C. 2 months
D. 29 months

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More questions: Mathematics Another questions

Sam deposited $200 into a savings account that pays 4% interest compounded monthly. Approximately how long will it take for the deposit to be worth $220? A. 3 months B. 28 months C. 2 months D. 29 months

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Another question on Mathematics

Sam deposited $200 into a savings account that pays 4% interest compounded monthly. Approximately how long will it take for the deposit to be worth $220? A. 3 months
B. 28 months
C. 2 months
D. 29 months