Question
Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period: Account Holder Amount
Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period:
| Account Holder | Amount Deposited | Annual Interest Rate | Compounding Periods Per Year (M) | Compounding Periods (Years) | |||||
|---|---|---|---|---|---|---|---|---|---|
| Theodore Logan III | $ | 1,000 | 16 | % | 2 | 10 | |||
| Vernell Coles | 96,000 | 10 | 12 | 3 | |||||
| Tina Elliot | 7,000 | 12 | 3 | 6 | |||||
| Wayne Robinson | 118,000 | 10 | 4 | 3 | |||||
| Eunice Chung | 30,000 | 18 | 1 | 6 | |||||
| Kelly Cravens | 13,000 | 10 | 6 | 5 | |||||
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International Project Finance
Authors: Felix I. Lessambo
1st Edition
3030963896, 978-3030963897
