Complete the Following Chart, Which Illustrates What Happens to $8,000

Multiple Choice

Complete the following chart, which illustrates what happens to $8,000 invested at 12% for different lengths of time and different numbers of compounding periods. Round all of your answers to the nearest dollar. $$\begin{array} { | c | c | c | c | c | } \hline & \text { l year } & \text { T years } & \text { 14 years } & \text { 28 years } \\\hline \text { Compounded annually } & & & & \\\hline \text { Compoundedsemiannually } & & & & \\\hline \text { Compounded quatterly } & & & & \\\hline \text { Compounded monthly } & & & & \\\hline \text { Compounded continuously } & & & & \\\hline\end{array}$$

A) $\begin{array} { | c | c | c | c | } \hline 4480 & 8843 & 19548 & 95535 \\\hline 4494 & 9044 & 20447 & 104517 \\\hline 4502 & 9152 & 20938 & 109605 \\\hline 4507 & 9227 & 21284 & 113251 \\\hline 4510 & 9265 & 21462 & 115157 \\\hline\end{array}$
B) $\begin{array} { | l | l | l | l | } \hline 9020 & 18531 & 42924 & 230314 \\\hline 9015 & 18454 & 42568 & 226502 \\\hline 9004 & 18303 & 41877 & 219209 \\\hline 8989 & 18087 & 40893 & 209035 \\\hline 8960 & 17685 & 39097 & 191071 \\\hline\end{array}$
C) $\begin{array} { | c | c | c | c | } \hline 8960 & 17685 & 39097 & 191071 \\\hline 26966 & 54262 & 122680 & 627104 \\\hline 27012 & 54910 & 125631 & 657628 \\\hline 27044 & 55361 & 127703 & 679505 \\\hline 27060 & 55593 & 128773 & 690941 \\\hline\end{array}$
D) $\begin{array} { | c | c | c | c | } \hline 8960 & 17685 & 39097 & 191071 \\\hline 8989 & 18087 & 40893 & 209035 \\\hline 9004 & 18303 & 219209 & 41877 \\\hline 9015 & 18454 & 226502 & 42568 \\\hline 9020 & 18531 & 230314 & 230314 \\\hline\end{array}$
E) $\begin{array} { | l | l | l | l | } \hline 8960 & 17685 & 39097 & 191071 \\\hline 8989 & 18087 & 40893 & 209035 \\\hline 9004 & 18303 & 41877 & 219209 \\\hline 9015 & 18454 & 42568 & 226502 \\\hline 9020 & 18531 & 42924 & 230314 \\\hline\end{array}$