A person invests $100,000 dollars at 8% for 10 years. How much money does the person have in their account if it is compounded a) annually
b) semi annually
c) quarterly
d) monthly
e) daily
f) continuously

i only need a, c, e, f

9514 1404 393

  a)  $215,892.50

  c)  $220,803.97

  e)  $222,534.58

  f)  $222.554.09

Step-by-step explanation:

The compound interest formula is ...

  FV = P(1 +r/n)^(nt)

where principal P is invested at annual rate r for t years, compounded n times per year. In this problem, you have P=100,000, r=0.08, t=10, and the only variable of interest is n.

When calculations are repeated, it is often convenient to let a calculator or spreadsheet do them. You only need to program the formula once, then use it for the different values of the variable of interest. Most spreadsheets have this formula built in, so you don't even need to program it.

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For continuous compounding, the formula is ...

  FV = Pe^(rt)

  FV = 100,000e^(0.08·10) = 222,554.09

a. turk and mcalister

b. howard, mission, and market

c. yes. since streets end some do not cross yet are not parallel to others. example: mcalister and 5th

step-by-step explanation:

parallel lines are lines which do not intersect ever and look a lot like railroad tracks. turk, mcalister and golden gate are examples of these.

intersect are streets which cross each other and a car on one can reach the other. howard, mission, and market intersect with 6th.

skew lines are lines which neither intersect nor are parallel. these lines exist here because some streets end and never intersect another like mcalister and 5th.