CPM Homework Help : PC3 Problem 5-5

Most investments receive compound interest as opposed to simple interest. This allows an investment to earn interest on the interest already received. Miranda plans to invest $\$5000$ . Calculate the value of her investment after one year, given the following rates

Annual interest of $12\%$ compounded monthly.
Annual interest of $8\%$ compounded quarterly ( $4$ times per year).
Annual interest of $5.2\%$ compounded weekly.
Annual interest of $7.3\%$ compounded daily.

Hint:

$A=P\left(1+\frac{r}{n}\right)^{nt}$

$A=$ final amount
$P=$ initial amount
$r=$ interest rate (as a decimal)
$n=$ number of compoundings per year
$t=$ time (years)