If $20,900 is invested at an interest rate of 8 percent per year, find the value of the investment at the end of 5 years for the following compounding methods.
Anual, semiannual, monthly, daily, continuously
You make a single deposit of $100 today. It will remain invested for 4 years at 8% per year compounded annually. What will be the future value of your single deposit at the end of 4 years?
