If $22,800 dollars is invested at an inerest rate of 5% per…
If $22,800 dollars is invested at an inerest rate of 5% per year, find the value of the investment at the end of 5 years for the following compounding methods. Use the Compound Interest Formula and show each step to receive credit. a. Annual = b. Semiannual = c. Monthly = d. Daily =Enter your answers into Bb the same way it is listed in the question.
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