Reference no: EM131347194
Compound Interest with non-annual periods: Calculate the amount of money that will be in each of the following accounts at the end of the given deposit periods: Account Holder, Amount deposited, annual interest rate, compounding periods per year, compouding periods
Theodore Logan III, 1100, 16%, 1, 6
Vernell Coles, 96000, 12%, 12, 3
Tina Elliot, 8000, 8%, 1, 4
Wayne Robinson, 120000, 8%, 6, 5
Eunice Chung, 31000, 12%, 4, 4
Kelly Cravens, 13000,10%, 3, 3
The amount of money for Theodore at end of 6 years is ___?
The amount of money for Vernell at end of 3 years will be ___?
The amount of money for Tina at end of 6 years will be ___?
The amount of money for Wayne at end of 3 years will be ___?
The amount of money for Eunice at end of 6 years will be _____?
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