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Puppylover05go
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PLEASE HURRY! 100 PTS!
Jim put his $15,000 into a high yields savings account that pays 2.8% annually.

Jim saw that other banks offered the same rates but compounded the interest more often.

Consider if he still put $15,000 into a savings account for 5 years that provided 2.8% annually but compounded it in each of the following ways.

Match the following:

PLEASE HURRY 100 PTS Jim Put His 15000 Into A High Yields Savings Account That Pays 28 Annually Jim Saw That Other Banks Offered The Same Rates But Compounded T class=
PLEASE HURRY 100 PTS Jim Put His 15000 Into A High Yields Savings Account That Pays 28 Annually Jim Saw That Other Banks Offered The Same Rates But Compounded T class=

Answer :

Weekly: $17,253.46
Monthly: $17,251.29
Continuously: $17,254.11
Quarterly: $17,245.69
Daily: $17,254.01
Semi-Annually: $17,237.36

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