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# Geeta S.

## Berkeley Grad: Mandarin Chinese and English Tutoring of All Levels

### Mountain View, CA (94041)

Hourly fee \$35.00
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 You don't pay for tutoring unless you find a good fit! You don't pay for tutoring unless you find a good fit!

# Want to see if I'm doing this question right and the calculations are also correct. I have done this question three times now and keep getting different answers (answer)

f(t) = P(1 + r/n)nt where n is amount of periods within a year P=\$62,000; r=0.25; t=18; n=4 (for quarterly) or n=2 (for semi-annually) f(18) = 62,000 * (1 + 0.25/4) ^ (4*18) where n=4 (quarterly) f(18) = 62,000 * (1 + 0.25/2) ^ (2*18) where n=2 (semi-annually)  ...

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