Question: Find the future value (compound amount) and the compound interest, as indicated, for each of the following investments. Round answers to the nearest cent. Use

Find the future value (compound amount) and the compound interest, as indicated, for each of the following investments. Round answers to the nearest cent. Use a calculator or Table 16-1 to find FVF. Please show entire solution for each question. Thank you!

Present Value Rate Term Future Value (Compound Interest

2. $960 6% compounded semiannually 11 years ______ ________

4. $10,800 10% compounded annually 40 years _______ _______

6. $14,450 6% compounded quarterly 4 years _______ _________

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