Question: Find the future value (compound amount) and the compound interest, as indicated, for the following investment. Round answers to the nearest cent. Use Table 16-1

Find the future value (compound amount) and the compound interest, as indicated, for the following investment. Round answers to the nearest cent. Use Table 16-1 to find FVF.

Present Value	Rate	Term	Future Value	Compound Interest
$650	4% compounded semiannually	11 years	$	$

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