Mathematics
Mathematics, 25.02.2022 19:40, ashleyremon901

PLS HELP ASAP... 100 POINTS TO FIRST ANSWER 1. A deposit of $10,000 is made in an account that receives 10% interest, compounded monthly. How much money will the account contain after five years?

a. $16,453.09

b. $15,984.36

c. $13,028.59

d. $16,598.86

2. Refer to Problem 1. How much will the account total after five years if the interest is compounded weekly rather than monthly?

a. $15,589.35

b. $16,479.30

c. $13,496.48

d. $15,454.24

3. An account receives 5% interest compounded monthly. What is the actual annual percentage the account will receive?

a. 5.05%

b. 4.90%

c. 5.12%

d. 5.10%

4. An account receives 5% interest compounded biweekly. What is the actual annual interest percentage the account will receive?

a. 5.02%

b. 4.89%

c. 5.15%

d. 5.12%

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Answers: 1

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