Question: I'm having having trouble with this question any help and explanation would be greatly appreciated. If $300 is invested at an interest rate of 2.5%
I'm having having trouble with this question any help and explanation would be greatly appreciated.
If$300is invested at an interest rate of2.5%per year, find the amount of the investment at the end of12years for the following compounding methods. (Round your answers to the nearest cent.)
(a) Annually
(b) Semiannually
(c) Quarterly
(d) Continuously
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