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elated to Checkpoint​ 5.3) ​(Compound interest with​ non-annual periods)  Calculate the amount of money that will...

elated 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:

Account Holder

Amount

Deposited

Annual

Interest Rate

Compounding

Periods Per Year​ (M)

Compounding

Periods​ (Years)

Theodore Logan III

​$

1,100

12

​%

3

5

Vernell Coles

96,000

10

2

2

Tina Elliot

7,000

8

12

5

Wayne Robinson

121,000

12

4

5

Eunice Chung

30,000

12

6

4

Kelly Cravens

15,000

10

1

5

Homework Answers

Answer #1

the amount of money (A) that they will have at the end of their deposited period is giving in last column of nd image i have uploaded.

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