Question

If $1000 is borrowed at 8% interest, find the amounts due at the end of 3 years if the interest is compounded as follows. round to the nearest cent. annually, quarterly, monthly, weekly, daily, hourly,continuously

Answer 1

1000 is borrowed at 8% interest, find the amounts due at the end of 3 years if the interest is compounded as follows. round to the nearest cent. annually, quarterly, monthly, weekly, daily, hourly,continuously