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(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
(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: Amount Deposited $ 1,100 Compounding Periods (Years) Annual Interest Rate 12% 10 Compounding Periods Per Year (M) 3 12 5 94,000 2 7,000 10 6 2 4 118,000 4 8 6 1 18 31,000 6 4 10 16,000 Kelly Cravens (Click on the icon in order to copy its contents into a spreadsheet.) Account Holder Theodore Logan III Vernell Coles Tina Elliot Wayne Robinson Eunice Chung ... a. The amount of money in Theodore Logan III's account at the end of 5 years will be $ 1,981.04. (Round to the nearest cent.) b. The amount of money in Vernell Coles' account at the end of 2 year(s) will be $ (Round to the nearest cent.)
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