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23 February, 05:28

3.

Find the compound amount. Round to the nearest cent.

Amount: $23,400

Rate: 3%

Compounded: semiannually

Time (Years) : 10

$31,516.52

$27,156.64

$26,910.00

$31,447.73

4.

Find the interest earned. Assume 3.5% interest compounded daily.

$2,310 deposited April 12 and withdrawn July 5

$17.34

$18.68

$18.46

$17.12

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Answers (1)
  1. 23 February, 09:21
    0
    Find the interest earned. Assume 3.5% interest compounded daily.

    $2,310 deposited April 12 and withdrawn July 5

    $17.12
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