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If 1400 dollars is invested in an account for 10 years. find the value of the investment at the end of 10 years if the interest is: (a) 4.6% compounded annually: $ 2195.05 correct (b) 4.6% compounded semiannually: $ (a) 4.6% compounded quarterly: $ 2211.88 correct (b) 4.6% compounded monthly: $ 2215.75 correct (a) 4.6% compounded daily (ignore leap years): $ 2217.63 correct

Sagot :

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