Puppylover05
Answered

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PLEASE HURRY!

Jim put his $15,000 into a high yields savings account that pays 2.8% annually.

Jim saw that other banks offered the same rates but compounded the interest more often.

Consider if he still put $15,000 into a savings account for 5 years that provided 2.8% annually but compounded it in each of the following ways.

Match the following:

PLEASE HURRY Jim Put His 15000 Into A High Yields Savings Account That Pays 28 Annually Jim Saw That Other Banks Offered The Same Rates But Compounded The Inter class=

Sagot :

brandontolbertovtcuo

Answer:

See picture. I made a 100.

Step-by-step explanation:

Weekly: $17253.46

Daily: $17254.01

Monthly: $17251.29

Quarterly: $17245.69

Semi-Annually: $17237.36

Continuously: $17254.11

View image brandontolbertovtcuo
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