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please solve (d), (e ), (f)

Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 18E
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please solve (d), (e ), (f)
If $33,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.) (a) annually $241091.7 X (b) semiannually $ 249044.6 (c) quarterly $ 253255.66 (d) monthly $ 256156.14 (e) daily (n = 365) $ 257585.8 (f) every minute (n = 525,600) $ 257635.37 (g) continuously $ 257635.4 (h) simple (not compounded) $ 68340
Transcribed Image Text:If $33,500 is invested at 6.8% for 30 years, find the future value if the interest is compounded the following ways. (Round your answers to the nearest cent.) (a) annually $241091.7 X (b) semiannually $ 249044.6 (c) quarterly $ 253255.66 (d) monthly $ 256156.14 (e) daily (n = 365) $ 257585.8 (f) every minute (n = 525,600) $ 257635.37 (g) continuously $ 257635.4 (h) simple (not compounded) $ 68340
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