Question: If $650 is invested at 9% compounded. (A) annually (B) Quarterly (C) Montly What is the amount after 5 years?How much interest is earned? (A)

If $650 is invested at 9% compounded.

(A) annually (B) Quarterly (C) Montly

What is the amount after 5 years?How much interest is earned?

(A) if it is compounded annually, what is the amount? $______ (Round to the nearest cent)

How much is earned? $______ (Round to the nearest cent)

(B) If it is compounded quarterly, what is the amount? $_________ Round to the nearest cent

How much interest is earned?

$________ (Round to the nearest cent)

(C) If it is compounded monthly, what is the amount?

$_______ (Round to the nearest cent)

How much interest is earned?

$______ (Round to the nearest cent)

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