Question: Manually calculate the compound amount and compound interest (in $) for the investment. Principal Time Period (years) Nominal Rate (%) Interest Compounded Compound Amount Compound
Manually calculate the compound amount and compound interest (in $) for the investment.
| Principal | Time Period (years) | Nominal Rate (%) | Interest Compounded | Compound Amount | Compound Interest |
|---|---|---|---|---|---|
| $3,000 | 2 | 10 | annually |
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