You deposit 550 into an account with an A P R annual

Last updated: 11/8/2023

You deposit 550 into an account with an A P R annual percentage rate of 6 Find the amount of money in the account after 5 years given each method of compounding Round each answer to the nearest penny a Compounded once annually b Compounded every 6 months c Compounded daily assume there are 365 days per year d Compounded continuously