check out Compound interest - Wikipedia, the free encyclopedia
you need to use this formula
I would say that if the interest is calcualted monthly then the amount that he would owe would be
I calculate that the Amount would be $4218.38
check out Compound interest - Wikipedia, the free encyclopedia
you need to use this formula
I would say that if the interest is calcualted monthly then the amount that he would owe would be
I calculate that the Amount would be $4218.38