If 14500 dollars is invested at an interest rate of 5 percent per year find the value of the investment at the end of 5 years

Question

If 14500 dollars is invested at an interest rate of 5 percent per year find the value of the investment at the end of 5 years for the following compounding methods to the nearest cent a Annual b Semiannual c Monthly d Daily

Kunduz · Accepted Answer

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