### Home > PC3 > Chapter 5 > Lesson 5.1.2 > Problem 5-20

5-20.

Use your knowledge of compound interest to complete the parts below.

How much money will you have after

years if is invested at annual interest, compounded quarterly? How long will it take an account to have

if is invested at annual interest, compounded monthly? Write an equation for the amount of money you will have after

years ifdollars are invested atannual interest, compoundedtimes per year.