Principal Income is $\"\"$

Rate of interest $\"\"$ .

Time period is $\"\"$ years.

Find the total amount when compounded monthly by using the compound interest formula:

$\"\"$ .

For monthly compounded $\"\"$ .

Substitute all the values in the equation.

$\"\"$

Therefore,the total amount after $\"\"$ years compounded monthly with interest of $\"\"$ is $\"\"$ .

The total amount after $\"\"$ years compounded monthly with interest of $\"\"$ is $\"\"$ .