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Finance Assignment | Professional Writing

Author:
June 2nd, 2020

(Related to Checkpoint 5.3) (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 period: Annual Interest Rate 16% Compounding Periods Per Year (M) Compounding Periods (Years) Account Holder Theodore Logan III Vemell Coles Tina Elliot Wayne Robinson Eurke Chung Kelly Cravens Amount Deposited $ 1,100 95,000 9,000 118,000 30,000 17,00

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0 a. The amount of money in Theodore Logan III’s account at the end of 6 years will be $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. Activate Windows Go to Settings Check Answer Clear All parts remaining 93e Type here to search pmplete) B F be in each of the following acco 1 Account Holder 2 Theodore Logan III 3 Vernell Coles 4 Tina Elliot 5 Wayne Robinson 6 Eunice Chung 7 Kelly Cravens Amount Deposited $1,100 $95,000 $9,000 $118,000 $30,000 $17,000 AnnualInterest Compounding Periods P CompoundingPeriods (Year 16% 12% 8% 12% 18% 10% Uuuuu 00 U

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