If $26000 dollars is invested at an interest rate of 7 percent per year, find the value of the investment at the end of 5 years

Question

If $26000 dollars is invested at an interest rate of 7 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent. Assume no subsequent deposit or withdrawal.
(a) Annual: $
(b) Semiannual: $
(C) Quarterly: $

Kunduz · Accepted Answer

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