Question: Homework: Chapter 14 Section 1 Save Score: 0 of 1 pt 2 of 3 (2 complete) HW Score: 33.33%, 1 of 3 pts X 14.1.25

 Homework: Chapter 14 Section 1 Save Score: 0 of 1 pt2 of 3 (2 complete) HW Score: 33.33%, 1 of 3 pts

Homework: Chapter 14 Section 1 Save Score: 0 of 1 pt 2 of 3 (2 complete) HW Score: 33.33%, 1 of 3 pts X 14.1.25 A Question Help Bill deposits $8800 with his credit union in an account paying 6% compounded semiannually. How much will be repaid in 7 years? Use the compound interest table. Click the icon to view the compound interest table. How much will be repaid? $ (Round to the nearest cent as needed.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer i Compound Interest Table -X Period 1% 2% 1 1.3 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1.01000 1.02010 1.03030 1.04060 1.05101 1.06152 1.07214 1.08286 1.09369 1.10462 1.11567 1.12683 1.13809 1.14947 1.16097 1 17758 1.01500 1.03023 1.04568 1.06136 1.07728 1.09344 1.10984 1.12649 1.14339 1.16054 1.17795 1.19562 1.21355 1.23176 1.25023 1 26000 1.02000 1.04040 1.06121 1.08243 1.10408 1.12616 1.14869 1.17166 1.19509 1.21899 1.24337 1.26824 1.29361 1.31948 1.34587 1 27270 Compound Interest Table Interest Rate per Compounding Period 24% 3% 4% 5% 1.02500 1.03000 1.04000 1.05000 1.0 1.05063 1.06090 1.08160 1.10250 1.1 1.07689 1.09273 1.12486 1.15763 1.1 1.10381 1.12551 1.16986 1.21551 1.2 1.13141 1.15927 1.21665 1.27628 1.15969 1.19405 1.26532 1.34010 1.4 1.18869 1.22987 1.31593 1.40710 1.5 1.21840 1.26677 1.36857 1.47746 1.5 1.24886 1.30477 1.42331 1.55133 1.6 1.28008 1.34392 1.48024 1.62889 1.7 1.31209 1.38423 1.53945 1.71034 1.8 1.34489 1.42576 1.60103 1.79586 2.0 1.37851 1.46853 1.66507 1.88565 2.1 1.41297 1.51259 1.73168 1.97993 2.2 1.44830 1.55797 1.80094 2.07893 2.3 112151 16471 197208 210097 Print Done

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