A. Direction: Complete the table below to show the value of Principal = 1 at the end of one year (t = 1) after an increasing number n of compounding periods per year at a 100% annual rate. P(1+r/n)^nt Yearly Quarterly Monthly Daily Hourly n n = 1 21. n = 22. n = 23. n = 24. n = 2 25. 26. 27. 28. 2 29. 30 31 32. A

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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A. Direction: Complete the table below to show the value of Principal = 1 at the end of one year (t = 1)
after an increasing number n of compounding periods per year at a 100% annual rate.
P(1+r/n)^nt
Yearly
Quarterly
Monthly
Daily
Hourly
n
n=1
21. n =
22. n =
23. n =
24. n =
2
25.
26.
27.
28.
2
29.
30
31
32.
A
Transcribed Image Text:A. Direction: Complete the table below to show the value of Principal = 1 at the end of one year (t = 1) after an increasing number n of compounding periods per year at a 100% annual rate. P(1+r/n)^nt Yearly Quarterly Monthly Daily Hourly n n=1 21. n = 22. n = 23. n = 24. n = 2 25. 26. 27. 28. 2 29. 30 31 32. A
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