Question: This test: 36 point(s) possible This question: 1 point(s) possible Submit test The principal represents an amount of money deposited in a Principal Rate Compounded


This test: 36 point(s) possible This question: 1 point(s) possible Submit test The principal represents an amount of money deposited in a Principal Rate Compounded Tim savings account subject to compound interest at the given rate. $8000 8% semiannually 5 yea A. Find how much money there will be in the account after the given number of years. B. Find the interest earned i Click the icon to view some finance formulas. A. The amount of money in the account after 5 years is $ (Round to the nearest hundredth as needed.) B. The amount of interest earned is $ (Round to the nearest hundredth as needed.)
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