In all problems involving days, a 365-day year is assumed. Money growth. Refer -to Pro...

In all problems involving days, a 365-day year is assumed.

Money growth. Refer -to Problem 65. The following rates for 60-month certificates of deposit were also taken from Banx-Quote. Web sites:

(A) Oriental Bank & Trust, 5.50% compounded quarterly

(B) BMW Bank of North America, 5.12% compounded monthly

(C) BankFirst Corporation, 4.86% compounded daily Compute the value of $10,000 invested in each account at the end of 5 years.

Reference: Problem 65:

Money growth. BanxQuote operates a network of Web sites providing real-time market data from leading financial providers. The following rates for 12-month certificates of deposit were taken from the Web sites:

(A) Stonebriclge Bank, 5.40% compounded monthly

(B) DeepGreen Bank, 4.95% compounded daily

(C) Provident Bank, 5.15% compounded quarterly

Compute the value of $10,000 invested in each account at the end of 1 year.