Compounding quarterly, compounded continuously and compounded annually
I'm trying to figure out how to do these problems and I can't get the right answers. I would really appreciate any help.
1. Assume that I deposit $1250 today into an account that pays 10% p.a. but with quarterly compounding. How much will be in my account exactly 35 years from today?
2. Assume that the stated nominal interest rate is 7.5% compounded continuously. What is the effective
Rate?
3. Kerri deposits $8,000 in a bank account today. She makes another deposit of $14,000 into the account at the end of year one and she makes a third deposit of $10,000 at the end of year twoNo additional deposits are made. If the bank pays interest at 8 percent compounded annually, how much will she have in her account at the end of eight years?