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You just won $1200 in the lottery and you decide to invest this money for 11...

You just won $1200 in the lottery and you decide to invest this money for 11 years. Three accounts pay as follows:

  • Account A pays 14.1% interest per year.
  • Account B pays 13.5% interest per year, compounded monthly.
  • Account C pays 13% interest per year, compounded daily.

  1. For each account, determine the value of your investment after 11 years.

    1. Account A: $   
    2. Account B: $   
    3. Account C: $   
Math   Precalculus   
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