Account Amount Dep Annual IR Compound per year (M) Compounding (Years) Logan $ 900 16% 1 5 Coles 96000 12% 4 2 Elliot 7000 10 12 5 Wayne 122000 12 6
Account Amount Dep Annual IR Compound per year (M) Compounding (Years)
Logan $ 900 16% 1 5
Coles 96000 12% 4 2
Elliot 7000 10 12 5
Wayne 122000 12 6 3
Chung 30000 12 2 4
Cravens 16000 12 3 5
a) The amount of money in Logan account at the end of 5 yrs will be $.. ( round to the nearest cent)
b) The amount of money in Coles account at the end of 2 yrs will be $ …( round to the nearest cent)
c) The amount of money in Elliot account at the end of 5 yrs will be $….. ( round to the nearest cent)
d) The amount of money in wayne account at the end of 3 yrs will be $….. ( round to the nearest cent)
e) The amount of money in chung account at the end of 4 yrs will be $….. ( round to the nearest cent)
The amount of money in Cravens account at the end of 5 yrs will be $….. ( round to the nearest cent