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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 Annual Compounding Account Holder Deposited Interest Rate Periods Per Year (M) Theodore Logan III $ 1,000 16 % 2 Vernell Coles 94,000 12 12 Tina Elliot 8,000 12 4 Wayne Robinson 121,000 12 3 Eunice Chung 29,000 16 1 Kelly Cravens 15,000 12 6 (Click on the icon in order to copy its contents into a spreadsheet.) Compounding Periods (Years) 10 3 4 5 6 5 a. The amount of money in Theodore Logan IIl's account at the end of 10 years will be $ 2636.21. (Round to the nearest cent.)
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