Question: Use the table to find both the compound amount and the interest on $1000 at 20% for 3 years. Interest is compounded quarterly. Click the

Use the table to find both the compound amount and the interest on $1000 at 20% for 3 years. Interest is compounded quarterly. Click the icon to view the compound interest table. What is the compound amount? $ Round to the nearest cent as needed.) What is the interest? $ Round to the nearest cent as needed.)

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