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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 | 12 | % | 12 | 6 | ||||
Vernell Coles | 95,000 | 10 | 4 | 3 | ||||||
Tina Elliot | 9,000 | 8 | 3 | 5 | ||||||
Wayne Robinson | 118,000 | 12 | 6 | 5 | ||||||
Eunice Chung | 30,000 | 18 | 2 | 6 | ||||||
Kelly Cravens | 14,000 | 12 | 1 | 4 |
a.The amount of money in Theodore Logan III's account at the end of 6 years will be $___. (Round to the nearest cent.)
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