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Deposited Compounding Periods (Years) (Related to Checkpoint 5.3) (Compound interest with non-annual periods) Calculate the amount of money that will be in each of
Deposited Compounding Periods (Years) (Related to Checkpoint 5.3) (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: Compounding Account Holder Amount Annual Interest Rate Periods Per Year (M) Theodore Logan III $ Vernell Coles 1,000 95,000 10% 1 10 12 12 1 Tina Elliot 8,000 12 6 2 Wayne Robinson 120,000 8 4 2 Eunice Chung Kelly Cravens 30,000 10 2 15,000 12 3 4 3 (Click on the icon in order to copy its contents into a spreadsheet.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) a. The amount of money in Theodore Logan III's account at the end of 10 years will be $ b. The amount of money in Vernell Coles' account at the end of 1 year(s) will be $ c. The amount of money in Tina Elliot's account at the end of 2 years will be $ d. The amount of money in Wayne Robinson's account at the end of 2 years will be $ e. The amount of money in Eunice Chung's account at the end of 4 years will be $ f. The amount of money in Kelly Cravens' account at the end of 3 years will be $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.)
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