Question: Complete the table by finding the unknown values (time and rate). Principal Nominal Interest Time in Rate Years 2,000 5,000 10,000 (1) (6) 16%

Complete the table by finding the unknown values (time and rate). Principal Nominal Interest Time in Rate Years 2,000 5,000 10,000 (1) (6) 16% Interest Compound Semi- annually quarterly monthly Frequency of conversions (2) (7) (11) rate per period (3) (8) (12) 2 5 years and 3 months (13) Number of Conversions (4) (9) (14) Compound interest (5) 500 (15) Compound Amount 2,800 (10) 11,870

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