I need help in solving this webwork problem. I've tried using the compound formula, but, it doesn't give me the right answer. Any help would be appreciated thanks.
How many years will it take to save $200000 if you place $1500 per month in an account that earns 15% compounded monthly?
How many years will it take to save $200000 if you place $1500 per month in an account that earns 15% compounded monthly?
Help with webwork problems