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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. compounding time future
Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate.
compounding | time | future | interest | ||
---|---|---|---|---|---|
m | r | frequency | in years | value | earned |
$300 | 2.8% | annually | 12 | $ | $ |
$325 | 5.2% | semiannually | 13 | $ | $ |
$475 | 5.7% | quarterly | 10 | $ | $ |
$300 | 6.9% | monthly | 7 | $ | $ |
$325 | 5.7% | weekly | 15 | $ | $ |
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