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If 19800 dollars is invested at an interest rate of 10 percent per year,
find the value of the investment at the end of 5 years for the following
compounding methods, to the nearest cent.
(a) Annual: $
(b) Semiannual: $
(c) Monthly: $
(d) Daily: $
(a) Annual: $
(b) Semiannual: $
(c) Monthly: $
(d) Daily: $
Get help:
Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)
Enter DNE for Does Not Exist, oo for Infinity
Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)
Enter DNE for Does Not Exist, oo for Infinity
Box 3: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)
Enter DNE for Does Not Exist, oo for Infinity
Box 4: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2^3, 5+4)
Enter DNE for Does Not Exist, oo for Infinity