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Compound interest with non-annual periods

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Compound Interest with non-annual periods: Calculate the amount of money that will be in each of the following accounts at the end of the given deposit periods: Account Holder, Amount deposited, annual interest rate, compounding periods per year, compouding periods

Theodore Logan III, 1100, 16%, 1, 6

Vernell Coles, 96000, 12%, 12, 3

Tina Elliot, 8000, 8%, 1, 4

Wayne Robinson, 120000, 8%, 6, 5

Eunice Chung, 31000, 12%, 4, 4

Kelly Cravens, 13000,10%, 3, 3

The amount of money for Theodore at end of 6 years is ___?

The amount of money for Vernell at end of 3 years will be ___?

The amount of money for Tina at end of 6 years will be ___?

The amount of money for Wayne at end of 3 years will be ___?

The amount of money for Eunice at end of 6 years will be _____?

Reference no: EM131347194

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