Question
Account Holder Amount Deposited Annual Interest Rate Compounding Periods Per Year (M) Compounding Periods (Years) Theodore Logan III $ 1,100 18 % 4 6 Vernell
Account Holder | Amount Deposited | Annual Interest Rate | Compounding Periods Per Year (M) | Compounding Periods (Years) | |||||
---|---|---|---|---|---|---|---|---|---|
Theodore Logan III | $ | 1,100 |
| 18 | % | 4 |
| 6 |
|
Vernell Coles |
| 95,000 |
| 8 |
| 2 |
| 2 |
|
Tina Elliot |
| 9,000 |
| 8 |
| 1 |
| 5 |
|
Wayne Robinson |
| 119,000 |
| 12 |
| 3 |
| 4 |
|
Eunice Chung |
| 30,000 |
| 18 |
| 6 |
| 6 |
|
Kelly Cravens |
| 14,000 |
| 12 |
| 12 |
| 5 |
|
a.The amount of money in Theodore Logan III's account
at
the end of
6
years will be
$enter your response here.
(Round to the nearest cent.)
Part 2
b.The amount of money in Vernell Coles' account
at
the end of
2
year(s) will be
$enter your response here.
(Round to the nearest cent.)
Part 3
c. The amount of money in Tina Elliot's account
at
the end of
5
years will be
$enter your response here.
(Round to the nearest cent.)
Part 4
d.The amount of money in Wayne Robinson's account
at
the end of
4
years will be
$enter your response here.
(Round to the nearest cent.)
Part 5
e.The amount of money in Eunice Chung's account
at
the end of
6
years will be
$enter your response here.
(Round to the nearest cent.)
Part 6
f.The amount of money in Kelly Cravens' account
at
the end of
5
years will be
$enter your response here.
(Round to the nearest cent.)
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