Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Principal Time Period (years) Nominal Rate (%) Interest Compounded Compound Amount Compound Interest $6,000 4 14 annually $ Incorrect: Your answer is incorrect. $

TABLE 11-1 Compound Interest Table (Future Value of $1 at Compound Interest) The values in Table 11-1 were generated by the formula FV=(1+i)n rounded to five decimal places, where i is the inter rate per period and n is the total number of periods. BRECMBC9 11.I.012