--> Graded_Ext Courework_AMDM_Task 6.02_Feb 19
Use your Intertest Task notes to complete the following questions. Upload your completed Task at the bottom of the assignment for extra credit.
1
50 points
Jim put his $15,000 into a high yields savings account that pays 2.8% annually.
1
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:
2
Semi-Annually
3
Monthly
4
Quarterly
Weekly
Daily
Continuously
215 PM
2/21/2021
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