The document shows the running balance and profit over 40 months for an initial balance of $3,300 that gains 2% interest monthly. It calculates the increasing balance, monthly profit earned from interest, and overall progress each month. The interest earned each month increases the running balance, leading to higher profits and balances over the course of the 40 months.
The document shows the running balance and profit over 40 months for an initial balance of $3,300 that gains 2% interest monthly. It calculates the increasing balance, monthly profit earned from interest, and overall progress each month. The interest earned each month increases the running balance, leading to higher profits and balances over the course of the 40 months.
The document shows the running balance and profit over 40 months for an initial balance of $3,300 that gains 2% interest monthly. It calculates the increasing balance, monthly profit earned from interest, and overall progress each month. The interest earned each month increases the running balance, leading to higher profits and balances over the course of the 40 months.
The document shows the running balance and profit over 40 months for an initial balance of $3,300 that gains 2% interest monthly. It calculates the increasing balance, monthly profit earned from interest, and overall progress each month. The interest earned each month increases the running balance, leading to higher profits and balances over the course of the 40 months.