Question: Find the interest earned on $ 1 0 , 0 0 0 invested for 7 years at 5 % interest compounded as follows. a .

Find the interest earned on $10,000 invested for 7 years at 5% interest compounded as follows.
a. Annually
b. Semiannually (twice a year)
c. Quarterly
d. Monthly
e. Continuously
a. Compounding annually, the interest earned is $
(Round to the nearest cent as needed.)
Find the interest earned on $ 1 0 , 0 0 0

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