Suppose an investor deposits $26,000 into a savings account

Last updated: 7/29/2022

Suppose an investor deposits $26,000 into a savings account for 6 years at 6.25% interest. Find the total amount of money in the account if the interest is: 1. Compounded annually, then the investment is worth __ after 6 years. 2. Compounded quarterly, then the investment is worth __ after 6 years. 3. Compounded monthly, then the investment is worth __ after 6 years. 4. Compounded weekly, then the investment is worth __ after 6 years. 5. Compounded daily, then the investment is worth __ after 6 years. • Round your answers to the nearest cent. • Use a dollar sign to indicate that your answer is a monetary value.