Compute the earnings for the year, for a $18,500 savings account that earns 1.2 percent compounded (a) annually, (b) qua
Posted: Thu May 19, 2022 6:50 am
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.)
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.)