Answer:
Yearly compounding: 7.75% $5,686.85
Quarterly compounding: 7.978% $5,857.78
Monthly compounding: 8.031% $5,898.27
Daily compounding: 8.057% $5,918.20
Step-by-step explanation:
multiply yearly by 14
Yearly= 725
registration fee= 125
Monthly cost= 50
125+12x=725 (12 for the months)
725-125=600
600/12=50
$50 per month
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10.2