More Compound Interest

OK,

Three more problems and make sure you follow the steps we did in class.

1. A = ?
P = 250
r = 6.5%
n = monthly
y = 3

2. A = ?
P = 600
r = 10%
n = quarterly
y = 5

3. A = ?
P = 1,000
r = 7%
n = semiannually
y = 8

We'll go over these in class tomorrow and don't forget your independent reading books.