Mathematics Homework Help
Mathematics Homework Help. If $400 is invested at an interest rate of 2.5% per year, find the amount of the
If $400 is invested at an interest rate of 2.5% per year, find the amount of the investment at the end of 11 years for the following compounding methods. (Round your answers to the nearest cent.)
(a) Annually
$
$
(b) Semiannually
$
(c) Quarterly
$
(d) Continuously
$
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