Major Magic Corporation deposits $1,500 at the end of each month into an account paying 15% interest compounded monthly. What is the value of the account at the end of years?

Please round the answer to the nearest cent.

$ __________

Question

Major Magic Corporation deposits $1,500 at the end of each month into an account paying 15% interest compounded monthly. What is the value of the account at the end of  years?
​
Please round the answer to the nearest cent.
​
$ __________

Quizplus · Accepted Answer

The Answer of Major Magic Corporation deposits $1,500 at the end of each month into an account paying 15% interest compounded monthly. What is the value of the account at the end of  years?
​
Please round the answer to the nearest cent.
​
$ __________

Major Magic Corporation Deposits $1,500 at the End of Each