Ask Question
26 April, 13:02

What is the total amount and the amount of interest earned on $5,000 at 8% for 20 years? Total Amount Interest Amount compounded annually compounded semiannually compounded quarterly

+4
Answers (1)
  1. 26 April, 15:03
    0
    final balance = 24,634.02

    compound interest = 19,634.02
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is the total amount and the amount of interest earned on $5,000 at 8% for 20 years? Total Amount Interest Amount compounded annually ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers