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

5-20.

​Use your knowledge of compound interest to complete the parts below.   Homework Help ✎

  1. How much money will you have after years if is invested at annual interest, compounded quarterly?

     

  2. How long will it take an account to have if is invested at annual interest, compounded monthly?

     

  3. Write an equation for the amount of money you will have after years if dollars are invested at annual interest, compounded times per year.