If $300 is invested at an interest rate of 5.5% per year, find the amount of the

Algebra
Tutor: None Selected Time limit: 1 Day

 the investment at the end of 15 years for the following compounding methods. (Round your answers to the nearest cent.)

(a) Annually
 

(b) Semiannually
 

(c) Quarterly
 

(d) Continuously

Apr 3rd, 2015

a. $316.5

b. $308.25

c. $304.125

Apr 3rd, 2015

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Apr 3rd, 2015
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Apr 3rd, 2015
Dec 11th, 2016
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