Question: Total Interest 2. Complete the following using compound future value: Principal Time Rate of Compounded Total Amount (years) Compound Interest a. $15,000 12 3.5% Annually
Total Interest 2. Complete the following using compound future value: Principal Time Rate of Compounded Total Amount (years) Compound Interest a. $15,000 12 3.5% Annually b. $15,000 6 mo. 6% Semiannually c. $6,000 3 6% Quarterly d. $6,000 3 6% Semiannually
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