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(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

(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 period:

Account Holder

Amount

Deposited

Annual

Interest Rate

Compounding

Periods Per Year (M)

Compounding

Periods (Years)

Theodore Logan III

$

1 comma 0001,000

1616

%

11

1010

Vernell Coles

94 comma 00094,000

1010

22

33

Tina Elliot

8 comma 0008,000

88

33

55

Wayne Robinson

119 comma 000119,000

1010

1212

44

Eunice Chung

30 comma 00030,000

1616

44

66

Kelly Cravens

17 comma 00017,000

88

66

55

a.The amount of money in Theodore Logan III's account

at

the end of

1010

years will be

$nothing.

(Round to the nearest cent.)

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