Find the interest earned on $ 25 comma 000$25,000 invested for 66 years at 77​% interest compounded as follows. a. Annually b. Semiannually​ (twice a​ year) c. Quarterly

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Find the interest earned on
$ 25 comma 000$25,000
invested for
66
years at
77​%
interest compounded as follows.
a. Annually
b.
Semiannually​ (twice a​ year)
c. Quarterly
d. Monthly
e. Continuously
a. Compounding​ annually, the interest earned is
​$nothing .
​(Round to the nearest cent as​ needed.)
b. Compounding​ semiannually, the interest earned is
$ nothing$.
​(Round to the nearest cent as​ needed.)
c. Compounding​ quarterly, the interest earned is
$ nothing$.
​(Round to the nearest cent as​ needed.)
d. Compounding​ monthly, the interest earned is
$ nothing$.
​(Round to the nearest cent as​ needed.)
e. Compounded​ continuously, the interest earned is
​$nothing .
​(Round to the nearest cent as​ needed.)
 
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