Find the compound amount for the following certificate of deposit. Assume daily compounding. Amount Deposited $12,300...

 

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Find the compound amount for the following certificate of deposit. Assume daily compounding. Amount Deposited $12,300 Interest Rate 3% Time in Years 3 Compound Amount $ Click the icon to view the compound interest table for time deposit accounts. Complete the table below. Amount Interest Time Deposited $12,300 Rate 3% in Years Compound Amount 3 (Simplify your answer. Round to the nearest cent as needed) Table for Time Deposits Accounts Compounded Daily Compound Interest for Time Deposit Accounts Compounded Daily wan example Get more help - Search Number Number of Years 1 2 3 3% 2% 4% 5% 1% 1.01005003 1.02020078 1.03045326 1.04080849 1.05126750 1.02020106 1.04080963 1.06183393 1.08328232 1.10516335 1.03045411 1.06183480 1.09417024 1.12748944 1.16182231 of Years 1 2 3 4 5 10 1.04081020 1.08328469 1.12749129 1.17350058 1.22138603 1.05127038 1.10516789 1.16182708 1.22138937 1.28400343 1.10516940 1.22139607 1.34984217 1.49179200 1.64866481 10 450 D ver 7:33 AM 2/10/2024 Find the compound amount for the following certificate of deposit. Assume daily compounding. Amount Deposited $12,300 Interest Rate 3% Time in Years 3 Compound Amount $ Click the icon to view the compound interest table for time deposit accounts. Complete the table below. Amount Interest Time Deposited $12,300 Rate 3% in Years Compound Amount 3 (Simplify your answer. Round to the nearest cent as needed) Table for Time Deposits Accounts Compounded Daily Compound Interest for Time Deposit Accounts Compounded Daily wan example Get more help - Search Number Number of Years 1 2 3 3% 2% 4% 5% 1% 1.01005003 1.02020078 1.03045326 1.04080849 1.05126750 1.02020106 1.04080963 1.06183393 1.08328232 1.10516335 1.03045411 1.06183480 1.09417024 1.12748944 1.16182231 of Years 1 2 3 4 5 10 1.04081020 1.08328469 1.12749129 1.17350058 1.22138603 1.05127038 1.10516789 1.16182708 1.22138937 1.28400343 1.10516940 1.22139607 1.34984217 1.49179200 1.64866481 10 450 D ver 7:33 AM 2/10/2024