Question
What is the future value in five years of $1,500 invested in an account with an APR of 10 percent, compounded annually? (Do not round
What is the future value in five years of $1,500 invested in an account with an APR of 10 percent, compounded annually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Future value | $ |
b. | What is the future value in five years of $1,500 invested in an account with an APR of 10 percent, compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Future value | $ |
c. | What is the future value in five years of $1,500 invested in an account with an APR of 10 percent, compounded monthly? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Future value | $ |
d. | What is the future value in five years of $1,500 invested in an account with an APR of 10 percent, compounded continuously? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Future value | $ |
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