Use the table to find both the compound amount and the compound interest on $9700 at 2% for 3 years. 

Interest is compounded semiannually. What is the compound amount?

 

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T 2 3 Period 4 S 9 7 12 9 10 11 12 ET 14 15 91 17 18 19 20 21 zt EZ 226222222 24 25 92 27 29 31 Compound Interest Table 76 1 2 E 4 5 9 7 8 9 10 11 12 ET 14 15 91 17 18 19 20 12 22 23 24 52 26 27 28 29 OF Interest Rate per Compounding Period NI 1.5% 2% TO'T STOT D 2.5% 3% EOT COSME ECO521 260911 4% 9 5% BESON'T 914SEE H. 1.02 1.025 1.04 1.05 1.06 1.08 1.0201 1.03023 1.0404 1.05063 1.0609 1.0816 1.1025 1.1236 1.1664 1.0303 1.04568 1.06121 1.07689 1.09273 1.12486 1.15763 1.19102 1.25971 1.0406 1.06136 1.08243 1.10381 1.12551 1.16986 1.21551 1.26248 136049 14641 6% 8% TS019T EEG9VT EZBEET 829LET 59912226511 IPTETT DOBOTT SZEZOT 101501 1.06152 1.09344 1.12616 1.15969 1.19405 1.26532 1.3401 1.41852 1.58687 1.77156 1.07214 1.10984 1.14869 1.18869 1.22987 1.31593 1.4071 1.50363 1.71382 1.94872 1.08286 1.12649 117166 12184 1 26677 1.36857 1.47746 1.59305 185093 2.14359 1.09369 114339 1.19509 1.24886 1.30477 1.42331 1.55133 1.68948 1.10462 1.16054 121899 1.28008 1.34192 1.48024 1.62889 1.79085 2.15892 2.59374 1.11567 1.17795 1.24337 1.31209 1.30423 1.53945 1.71014 1.12683 1.19562 1.26824 1.34489 1.42576 1.60103 1.79586 2.0122 2.51817 3.13843 1.14947 1.23176 1.31948 1.41297 1.51259 1.73168 1.97993 2.2609 2.93719 3.7975 10% K ESTLOE [2LPOPZ (GSELET 1999LT GOLST LEESVE 296122 CGZET 2 595 05991 ES891 150LET 1986C SSETZT GORETT 1.34785 1.56308 1.81136 2 09757 2.42726 1.1 1.21 TEET 56/5E 666 T ZTESSZ STEEZ E968T SELLE LIELLE 959602 EGRZO 26000 46255 RPPT 1.17258 1.26899 137279 1.48451 1.60471 1.87298 2.18287 2.54035 3.42594 4.59497 1 1843 1.28002 1.40024 152162 1.65285 6.7275 120811 1.32695 1.45681 1.59865 1.75351 2.10685 2.52695 1.22019 1.34686 1.48595 1.63862 1.80611 2.19112 2.6533 3.20714 4.66096 1.23239 1.36706 1.51567 1.67958 1.36029 2.27877 2.78596 3.39956 503383 7.40025 1.24472 1.38756 1.54598 1.72157 19161 2.36992 2.92526 3 60354 5.43654 8.14027 9914RS 5261BE STEVED EGRO ESZE 1.30921 14948 1.70689 1.9478 2.22129 2.08337 3.73346 482235 7.98806 1.32129 151722 1.74102 EGZOZ 2 5966 T TTC298 69111's ETOZ6E 8662 25950 1900 OSEL'S DGGEST SHEET 126973 1.4295 1.60844 1.80873 2.03279 2.5633 1.28243 1.45095 1.64061 1.85394 2.09378 2.66584 2.38635 4.29187 684848 10.8347 2916 tt SE9GEL BEGS 29555 LOZLET 699517 620061 2EL91 tezet 92562 E956'0 ELEMES 4950'S 2000LE LE2692 totGE 62961 BE EGGSSS 20966 E PENSEZ 2990 Zusco2 EVOLT 99655T STRENT PECOETS1961 T 9500 E 165119 25TED 13.11 14.421 Period 1899 ST CELTE 6 GESTH'S 1911 5901 +62 229001 6PEL'S GICE ESTE 4 5 6 7 10 1 2 6 IT E 12 11 14 15 16 17 19 20 12 23 24 22 25 26 27 20 29 30 T 2 3 Period 4 S 9 7 12 9 10 11 12 ET 14 15 91 17 18 19 20 21 zt EZ 226222222 24 25 92 27 29 31 Compound Interest Table 76 1 2 E 4 5 9 7 8 9 10 11 12 ET 14 15 91 17 18 19 20 12 22 23 24 52 26 27 28 29 OF Interest Rate per Compounding Period NI 1.5% 2% TO'T STOT D 2.5% 3% EOT COSME ECO521 260911 4% 9 5% BESON'T 914SEE H. 1.02 1.025 1.04 1.05 1.06 1.08 1.0201 1.03023 1.0404 1.05063 1.0609 1.0816 1.1025 1.1236 1.1664 1.0303 1.04568 1.06121 1.07689 1.09273 1.12486 1.15763 1.19102 1.25971 1.0406 1.06136 1.08243 1.10381 1.12551 1.16986 1.21551 1.26248 136049 14641 6% 8% TS019T EEG9VT EZBEET 829LET 59912226511 IPTETT DOBOTT SZEZOT 101501 1.06152 1.09344 1.12616 1.15969 1.19405 1.26532 1.3401 1.41852 1.58687 1.77156 1.07214 1.10984 1.14869 1.18869 1.22987 1.31593 1.4071 1.50363 1.71382 1.94872 1.08286 1.12649 117166 12184 1 26677 1.36857 1.47746 1.59305 185093 2.14359 1.09369 114339 1.19509 1.24886 1.30477 1.42331 1.55133 1.68948 1.10462 1.16054 121899 1.28008 1.34192 1.48024 1.62889 1.79085 2.15892 2.59374 1.11567 1.17795 1.24337 1.31209 1.30423 1.53945 1.71014 1.12683 1.19562 1.26824 1.34489 1.42576 1.60103 1.79586 2.0122 2.51817 3.13843 1.14947 1.23176 1.31948 1.41297 1.51259 1.73168 1.97993 2.2609 2.93719 3.7975 10% K ESTLOE [2LPOPZ (GSELET 1999LT GOLST LEESVE 296122 CGZET 2 595 05991 ES891 150LET 1986C SSETZT GORETT 1.34785 1.56308 1.81136 2 09757 2.42726 1.1 1.21 TEET 56/5E 666 T ZTESSZ STEEZ E968T SELLE LIELLE 959602 EGRZO 26000 46255 RPPT 1.17258 1.26899 137279 1.48451 1.60471 1.87298 2.18287 2.54035 3.42594 4.59497 1 1843 1.28002 1.40024 152162 1.65285 6.7275 120811 1.32695 1.45681 1.59865 1.75351 2.10685 2.52695 1.22019 1.34686 1.48595 1.63862 1.80611 2.19112 2.6533 3.20714 4.66096 1.23239 1.36706 1.51567 1.67958 1.36029 2.27877 2.78596 3.39956 503383 7.40025 1.24472 1.38756 1.54598 1.72157 19161 2.36992 2.92526 3 60354 5.43654 8.14027 9914RS 5261BE STEVED EGRO ESZE 1.30921 14948 1.70689 1.9478 2.22129 2.08337 3.73346 482235 7.98806 1.32129 151722 1.74102 EGZOZ 2 5966 T TTC298 69111's ETOZ6E 8662 25950 1900 OSEL'S DGGEST SHEET 126973 1.4295 1.60844 1.80873 2.03279 2.5633 1.28243 1.45095 1.64061 1.85394 2.09378 2.66584 2.38635 4.29187 684848 10.8347 2916 tt SE9GEL BEGS 29555 LOZLET 699517 620061 2EL91 tezet 92562 E956'0 ELEMES 4950'S 2000LE LE2692 totGE 62961 BE EGGSSS 20966 E PENSEZ 2990 Zusco2 EVOLT 99655T STRENT PECOETS1961 T 9500 E 165119 25TED 13.11 14.421 Period 1899 ST CELTE 6 GESTH'S 1911 5901 +62 229001 6PEL'S GICE ESTE 4 5 6 7 10 1 2 6 IT E 12 11 14 15 16 17 19 20 12 23 24 22 25 26 27 20 29 30

Answer rating: 100% (QA)

Given P 9700 r 3 003 kn 4 years nb 2 find ... View the full answer