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Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate. Future compounding time
Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate.
Future | compounding | time | periodic | interest | |
---|---|---|---|---|---|
Value | r | frequency | in years | deposit (m) | earned |
$100,000 | 2.7% | annually | 8 | $ | $ |
$200,000 | 4.6% | semiannually | 9 | $ | $ |
$250,000 | 7.5% | quarterly | 13 | $ | $ |
$50,000 | 7.6% | monthly | 5 | $ | $ |
$300,000 | 2.2% | weekly | 11 | $ | $ |
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