jo deposits $300 in an account that earns 6% interest compounded monthly. How much money will jo have in 10 years?

So judging by the question at hand I generated the equation 300 (1.06^ (12x))

x being years. 12 being months in years. 1.06 being the interest.

So by plugging in 10 for 12 you get 120 months of interest, so you then do 300 (1.06^120). The answer you should get is $326456.32 after 120 months of interest

I believe this is right 6% * 12 * 10 is 720% so 300 * 720% is 2160.