Question: Compute the future value and the compound interest earned for the following investment. Use Tables 16-1A&B or a calculator. Future Compound Principal Interest Rate Time

Compute the future value and the compound interest earned for the following investment. Use Tables 16-1A&B or a calculator.

Future

Compound

Principal

Interest Rate

Time

Value

Interest

$28,000

15% compounded monthly

9 months

__________

__________

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