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Each of the following people below has invested the following amounts today and will keep the money invested for the next five years. Determine the

Each of the following people below has invested the following amounts today and will keep the money
invested for the next five years. Determine the amount the investment will accumulate over the 5-year
period.
Investment
amount
today
Interest
rate Compounding
A $10,0007.0% Quarterly
B $10,0007.0% Semiannually
C $10,0007.0% Monthly
D $10,0007.0% Annually
1. $__________ Determine the accumulated investment amount for As investment for the 5-year period
(round to nearest dollar)?
2. $___________ Determine the accumulated investment amount for B for the 5-year period (round to
nearest dollar)?
3. $__________ Determine the accumulated investment amount for C for the 5-year period (round to
nearest dollar)?
4. $__________Determine the accumulated investment amount for D for the 5-year period (round to
nearest dollar)?

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