Question: Using Table 1 1 - 1 , calculate the compound amount and compound interest ( in $ ) for the investment. ( Round your answers

Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.)
PrincipalTime
Period (years)Nominal
Rate (%)Interest
CompoundedCompound
AmountCompound
Interest$21,000165annually$ $
The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor, rounded to five places, and calculate the compound amount (in $, rounded to the nearest cent.)
PrincipalTime
Period (years)Nominal
Rate (%)Interest
CompoundedNew Table
FactorCompound
Amount$15,000297annually$
Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield (APY) for the investment. (Round your answers to two decimal places.)
PrincipalNominal
Rate (%)Interest
CompoundedCompound Interest
Earned in 1 YearAnnual Percentage
Yield (APY)$35,00012monthly$ %
 Using Table 11-1, calculate the compound amount and compound interest (in

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