Question: Find the compound amount for the given deposit and the amount of interest eamed. $2500 is invested at 8% compounded quarterly for 8 years The
Find the compound amount for the given deposit and the amount of interest eamed. $2500 is invested at 8% compounded quarterly for 8 years The compound amount is (Do not round until the final inswer. Then round to the nearest cent as noeded.) The amount of interest earned is (Do not round until the final answer. Then round to the nearest cent as needed.)
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