$4700 at 3.5% for 6 years compounded monthly

Discussion in 'Calculator Requests' started by math_celebrity, Jul 19, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    $4700 at 3.5% for 6 years compounded monthly

    6 years = 12*6 = 72 months or compounding periods.

    Using our balance with interest calculator, we get a final balance of:
    $5,796.51
     

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