A corporation wants to invest $10 million per year for five (5) years. If interest is earned at the rate of 14
percent per year, compute the amount to which the deposits will grow if:
Deposits of $10 million are made at the end of each year with interest compounded annually. - $?
Deposits of $5 million are made at the end of each six months with interest compounded semiannually. $?
Deposits of $2.5 million are made at the end of each quarter with interest compounded quarterly. $ ?