Answered

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Using the chart "Amount of $1 at Compound Interest" from previous reading section "More Compound Interest", find the
total amount and amount of In interest paid in the following compound
interest problems.
$3,000 at 8% for 5 years.
Compounding| Total Amount | Interest Amount
annually
semiannually
quarterly

Using The Chart Amount Of 1 At Compound Interest From Previous Reading Section More Compound Interest Find The Total Amount And Amount Of In Interest Paid In Th class=

Sagot :

Answer:

Step-by-step explanation:

Quarterly:  Total Amount= $1,632.62   Interest Amount= $732.62

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