If $32,500 is invested at 69% for 3 years find the future value if the interest is compounded the following ways.

Question

annually, semiannually, quarterly, monthly, daily, every minute (N-525,600)
continuously, simple (not compounded.

Thank you for your time.

Answer 1

You've posted this twice with the same typo.

Do you really mean 69%?

Answer 2

Yes Ms. Sue that is what the problem is calling for.

Thank you

Answer 3

Ms. Sue,

I look at the problem again and I see that it is really 6.9%. I am very sorry, I am stressed and have a brain tumor and sometimes it is hard to read the proper things. Please forgive the error.

Answer 4

thank you