More homework

Hi Everyone,

Here are three more compound interest problems that are due tomorrow for homework. Remember to set up each problem as we did in class this morning. Please also remember to bring your independent reading book to class.

Find the amount (A) for the following problems:

1. P = 500
r = 4%
n = monthly
y = 2

2. p = 100
r = 9%
n = quarterly
y = 1

3. p = 1,000
r = 5.5%
n = semiannually
y = 4

Set these up the way we did in class and they try to solve them. If you did not solve last night's problems then do those first and then complete these. Make sure you bring them to class tomorrow and if you have a calculator please bring that as well.

Have a great night!