Question

Find the interest earned on $25000.00 invested for 6 years at 4.5% interest compounded as follows....

Find the interest earned on $25000.00 invested for 6 years at 4.5% interest compounded as follows.

a. Annually -Compounding annually, the interest earned is

b. Semiannually (twice a year) -Compounding semiannually, the interest earned is

c. Quarterly -Compounding quarterly, the interest earned is

d. Monthly- Compounding monthly, the interest earned is

e. Continuously- . Compounded continuously, the interest earned is

Math   Precalculus   
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