The compound formula is A = P(1+ r/n)^nt Where A is the final amount P is the principal (initial/starting amount) R is the rate of interest N is the number of times per year that the interest is compounded, T is the time in years.
Plug each value into the equation, so you should get A = 100(1+0.07/12)^(12)(10)
Simplify that. The answer should be... ... ... A = $200.97 will be in the account after the last deposit is made.
