Find the interest earned.
round to the nearest cent.
amount = $980
rate = 8%
compounded = quarterly
time (years) = 5
find the interest earned.
round to the nearest cent.
amount = $7,200
rate = 4%
compounded = annually
time (years) = 8
find the compound amount.
round to the nearest cent.
amount = $7,200
rate = 4%
compounded = annually
time (years) = 8
find the compound amount.
round to the nearest cent.
amount = $15,520
rate = 6%
compounded = semiannually
time (years) = 4
find the interest earned.
round to the nearest cent.
amount = $15,520
rate = 6%
compounded = semiannually
time (years) = 4