Compute the earnings for the year, for a $18,500 savings account that earns 1.2 percent compounded (a) annually, (b) qua

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answerhappygod
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Compute the earnings for the year, for a $18,500 savings account that earns 1.2 percent compounded (a) annually, (b) qua

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Compute the earnings for the year, for a $18,500 savings
account that earns 1.2 percent compounded (a) annually, (b)
quarterly, (c) monthly, and (d) daily.
(Use 365 days a year. Do not round your intermediate
calculations and time value factors. Round your final answers to 2
decimal places. Omit the "$" sign in your response.)
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