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Company A deposit $10,000 now in the bank. Company A will keep deposits $1500 at the end of each payment period. The interest rate and

Company A deposit $10,000 now in the bank. Company A will keep deposits $1500 at the end of each payment period. The interest rate and the payment period information are given in the following table. How much will the company have after 5 years in the bank account? Assume each year contains 52 weeks/365 days, each quarter contains 13 weeks/90 days, each month contains 4 weeks/30 days.

$1500 will be paid... (PP)

Rate is 12 % per year with the compounding period below (CP)

Future Value At the end of year 5

14

Quarterly

Semi Annually

14-1

Quarterly

Quarterly

15

Quarterly

Monthly

16

Quarterly

Weekly

17

Quarterly

Daily

18

Quarterly

Continuously

19

Monthly

Yearly

20

Monthly

Simi Annually

21

Monthly

Monthly

22

Monthly

Weekly

23

Monthly

Daily

24

Monthly

Continuously

25

Weekly

Yearly

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