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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

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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 end of the given deposit period Annual Interest Rate Compounding Periods Per Year (M) Compounding Periods (Years) Account Holder Theodore Logan lII Vernell Coles Tina Elliot Wayne Robinson Eunice Chung Kelly Cravens Amount Deposited $ 1,000 94,000 8,000 122,000 28,000 15,000 12% 12 4 18 12 a. The amount of money in Theodore Logan IlIl's account at the end of 6 years will be S (Round to the nearest cent.)

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