Rui Feng deposited $15000 in an account that pays 5.68% compound interest per year.Find the total amount in the account after 6 years if the interest is compounded (a)monthly,(b) half-yearly
+36915 FV=PV(1+i)^n
a) i = .0568/12 = .0047333 per period periods = 6 yrs x 12 mos = 72
FV = $ 21074.13
b) i = .0568/2 =.0284 per period periods = 6 yrs x 2 = 12
FV= $ 20991.14
