If ​$100 is invested at 77​% compounded   ​(A) annually, ​ (B) quarterly, ​ (C) monthly,   what is the amount after 66 years? How much interest is​ earned?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.59TI: New grandparents decide to invest 3200 per month in an annuity for their grandson, The account will...
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If ​$100 is invested at 77​% compounded
 
​(A) annually, ​ (B) quarterly, ​ (C) monthly,
 
what is the amount after 66 years? How much interest is​ earned?
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