Mathematics, 05.04.2021 17:20, natalie2sheffield

If $500 is invested at an interest rate of 5.5% per year, find the amount of the investment at the end of 14 years for the following compounding methods. (Round your answers to the nearest cent.)
(a) Annually
$
(b) Semiannually
$
(c) Quarterly
$
(d) Continuously
$

Answers: 2

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If $500 is invested at an interest rate of 5.5% per year, find the amount of the investment at the e...