Question: precalculus II need help computing the APY in the above question Find the value of an investment after 5 years if $12,000 is invested at

precalculus II need help computing the APY in the above question

Find the value of an investment after 5 years if $12,000 is invested at an interest rate of 3-% and interest is compounded in the following ways: Be sure to show all set-up clearly before punching into your calculators. Round answer to the nearest penny. a) interest compounded quarterly b) interest compounded continuously Compute the APY (annual percentage yield) in each case above. Show work. Round percentage to nearest two decimal places. a) APY for compounding quarterly: b) APY for compounding continuously

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