Question 934254
FV=PV(1+r/n)^nt
<pre>
a.)FV=350(1+.12/1)^(1)(6)
   FV=350(1.12)^6
   FV=690.84

b.)FV=350(1+.12/4)^(4)(6)
   FV=350(1+.03)^24
   FV=350(1.03)^24
   FV=711.48

c.)FV=350(1+.12/12)^(12)(6)
   FV=350(1+.01)^72
   FV=350(1.01)^72
   FV=716.48
</pre>
The amount in 6 years will be $690.84 for annually, $711.48 for quarterly and $716.48 for monthly.