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The amount of money in Theodore Logan III's account at the end of the 10 years will be: The amount of money in Vernell Coles
The amount of money in Theodore Logan III's account at the end of the 10 years will be:
The amount of money in Vernell Coles account at the end of the 2 years will be:
The amount of money in Tina Elliots account at the end of the 4 years will be:
The amount of money in Wayne Robinson's account at the end of the 4 years will be:
The amount of money in Eunice Chung's account at the end of the 5 years will be:
The amount of money in Kelly Craven's account at the end of the 3 yers will be:
(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 Compounding Account Holder Deposited Interest Rate Periods Per Year (M) Periods (Years) Theodore Logan III $ 1,000 2 12% 10 Vernell Coles 94,000 2 12 12 b 4 Tina Elliot 8,000 10 Wayne Robinson 120,000 8 Eunice Chung 31,000 16 3 5 Kelly Cravens 17,000 8 12 3 10 a. The amount of money in Theodore Logan III's account t the end of 10 years will be $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All CheckStep by Step Solution
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