document.write( "Question 466117: im in desperate need with help for this questuin i have no clue how to do it
\n" ); document.write( "find the compound intrest and compound amount for the following investments\r
\n" ); document.write( "\n" ); document.write( "a.) 3,000 at 5% compounded anually for 6 years
\n" ); document.write( "b.) 3,000 at 5% compounded semianually for 6 years
\n" ); document.write( "c.) 3,000 at 5% compounded quaterly for 6 years
\n" ); document.write( "d.) 3,000 at 5% compounded monthly for 6 years \n" ); document.write( "

Algebra.Com's Answer #319459 by ewatrrr(24785) $\"\"$ $\"About$

You can put this solution on YOUR website!

 
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document.write( "Hi,
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document.write( "A= p(1+r/n) ^nt 
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document.write( "a.) 3,000 at 5% compounded anually for 6 years = 3000( 1.05)^6    |n = 1
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document.write( "b.) 3,000 at 5% compounded semianually for 6 years = 3000( 1.025)^12  |n = 2
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document.write( "c.) 3,000 at 5% compounded quarterly for 6 years = 3000(1.0125)^24  | n = 4
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document.write( "d.) 3,000 at 5% compounded monthly for 6 years = 3000(1.004)^72   | n = 12
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document.write( "Your Calculator will make short work of it \n" );
document.write( "

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